The Rise and Rise of ASEAN 08 July 2020
Cushman & Wakefield, in its latest report titled ‘The Rise and Rise of ASEAN’ highlighted the bright future that lies ahead for Southeast Asia. Some of the key perspectives include:
- ASEAN's economies and population hold tremendous potential for its growth as a manufacturing bloc in the region.
- The stock of industrial land across ASEAN remains very healthy, presenting opportunities for occupiers to take up space at competitive land rates.
- Once the region emerges from the ongoing COVID-19 crisis, it appears that Vietnam, Thailand, Philippines and Indonesia are set for a bright future through the rest of the 2020s. Developers active in these markets need to identify the stream of new corporate occupiers scoping out their markets.
