Global Logistics Market Rental Trends Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: Newsfilter
- Changing Rental Conditions: According to Cushman & Wakefield's analysis, the proportion of tenant-favorable conditions in global logistics markets is expected to decline from 52% today to 33% by 2029, indicating a shift in power dynamics that will impact tenants' negotiation leverage and costs.
- Rising Rental Trends: Global logistics rents are already 36% higher than in 2020, although growth is expected to moderate by 2025, prompting businesses to be more strategic in securing critical locations to manage rising operational costs.
- Significant Regional Differences: In the Americas, the percentage of tenant-favorable markets has sharply decreased from 72% to 53%, with projections indicating a rise to 46% by 2029, reflecting a rapid transition to a landlord-led market that influences corporate strategic planning.
- Impact of Energy Costs: In the EMEA region, 54% of markets are currently tenant-favorable, but this is expected to fall to 39% by 2029, with rising energy costs driving occupiers to prioritize energy-efficient buildings, thereby affecting their long-term operational strategies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CWK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CWK
Wall Street analysts forecast CWK stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 12.760
Low
18.00
Averages
18.75
High
19.00
Current: 12.760
Low
18.00
Averages
18.75
High
19.00
About CWK
Cushman & Wakefield Limited is a global commercial real estate services firm for property owners and occupiers. The Company's segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC). Its core service lines include Services, Leasing, Capital markets, and Valuation and other. For real estate occupiers, the Company offers integrated facilities management, project and development services, portfolio administration, transaction management and strategic consulting. Its leasing services consist of two primary sub-services: owner representation and tenant representation. It represents both buyers and sellers in real estate purchase and sale transactions, and it arranges financing supporting purchases. The Company provides valuations and advice on real estate debt and equity decisions to clients through various services, including appraisal management, investment management, and financial reporting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Global Logistics Market Rental Trends Analysis
- Changing Rental Conditions: According to Cushman & Wakefield's analysis, the proportion of tenant-favorable conditions in global logistics markets is expected to decline from 52% today to 33% by 2029, indicating a shift in power dynamics that will impact tenants' negotiation leverage and costs.
- Rising Rental Trends: Global logistics rents are already 36% higher than in 2020, although growth is expected to moderate by 2025, prompting businesses to be more strategic in securing critical locations to manage rising operational costs.
- Significant Regional Differences: In the Americas, the percentage of tenant-favorable markets has sharply decreased from 72% to 53%, with projections indicating a rise to 46% by 2029, reflecting a rapid transition to a landlord-led market that influences corporate strategic planning.
- Impact of Energy Costs: In the EMEA region, 54% of markets are currently tenant-favorable, but this is expected to fall to 39% by 2029, with rising energy costs driving occupiers to prioritize energy-efficient buildings, thereby affecting their long-term operational strategies.
See More
Cushman & Wakefield Appoints New Head of Asia Pacific Data Center Group
- Leadership Enhancement: Cushman & Wakefield has appointed Leon Ikeda as Head of Advisory & Transactions for the Asia Pacific Data Center Group, effective May 2026, aiming to strengthen the firm's leadership in the rapidly growing sectors of commercial real estate and digital infrastructure.
- Strategic Execution: Leon will lead strategic advisory and transaction execution for data center operators, investors, and hyperscale clients across Asia Pacific, leveraging his extensive experience in market analysis and client needs to drive capital deployment and platform expansion.
- Industry Insight: With over a decade of experience in the data center sector, Leon previously held senior regional roles at Equinix and Digital Realty, where he was responsible for acquisitions and strategic expansion across Japan and Asia Pacific, successfully leading major transactions in core markets like Tokyo and Osaka.
- Integrated Strategy: Leon emphasizes that data center strategy today requires a more integrated approach, encompassing capital allocation, site selection, scalability, and long-term platform value, aiming to assist clients in making informed decisions in an increasingly competitive environment.
See More
Cushman & Wakefield Arranges $74.1 Million Financing for Historic Building Conversion
- Financing Arrangement: Cushman & Wakefield has arranged $74.1 million in financing for the Silicon Valley Initiative Partnership, provided by Deutsche Bank, to convert the historic Bank of Italy building in San Jose, California, reflecting strong market confidence in adaptive reuse projects.
- Project Scale: The project will transform the 13-story office tower, originally built in 1926, into approximately 126,000 square feet of mixed-use residential and retail space, providing 109 market-rate residential units to meet the growing demand for high-quality rental housing.
- Market Trend: Executive Vice Chair Karson highlighted that the momentum behind office-to-residential conversions is accelerating as cities seek creative solutions to repurpose underutilized commercial assets, indicating sustained confidence in well-located adaptive reuse opportunities.
- Project Features: The new development will preserve key historic elements of the building while introducing modern, high-quality interior finishes and amenities, including a fitness center, lounge, and outdoor terrace, aimed at enhancing tenant experience and attracting future residents.
See More
SEGRO Appoints Cushman & Wakefield for Asset Valuation
- Portfolio Size: SEGRO's UK portfolio exceeds 27.7 million sq ft (approximately 2.5 million square meters), encompassing modern warehousing, industrial properties, and data centers, highlighting its significant market presence.
- Valuation Contract Details: Cushman & Wakefield has been appointed as SEGRO's valuer under a five-year contract, with the first valuation expected to be delivered in June 2026, aimed at providing data and commercial insights to SEGRO.
- Market Expertise: Cushman & Wakefield's deep knowledge of the UK industrial and logistics market will deliver reliable valuation outputs that support SEGRO's business decisions, further solidifying its market leadership.
- Team Strength: Cushman & Wakefield's Valuation & Advisory team consists of over 175 professionals, advising on approximately £400 billion worth of assets annually, showcasing its robust capabilities and influence in the commercial real estate sector.
See More
Cushman & Wakefield Appoints O'Regan as Head of West End Capital Markets
- Executive Appointment: Cushman & Wakefield has announced the appointment of O'Regan as Head of West End Capital Markets, set to join in Q4 2026, succeeding Richard Womack, who will transition to Head of Capital & Strategic Partnerships, reflecting the company's strategic positioning in capital markets.
- Extensive Experience: O'Regan has spent five years as a Director in JLL's London Capital Markets team and has a total of 16 years of industry experience at Savills and Avison Young, successfully advising on transactions exceeding £5 billion, thereby enhancing Cushman & Wakefield's competitive edge in the West End market.
- Transaction Record: Recent transactions O'Regan has been involved in include Lone Star's acquisition of 90 Whitfield Street and the acquisition of 103-113 Regent Street for a private investor, which not only bolstered the company's market reputation but also laid the groundwork for future investment opportunities.
- Strengthened Leadership Team: O'Regan's addition will join forces with other executives like Chris Bennett and Martin Lay to form a robust leadership team at Cushman & Wakefield, further enhancing the company's competitive advantage in global capital markets and ensuring superior service for clients.
See More
Cushman & Wakefield Q1 2026 Results Exceed Market Expectations
- Performance Exceeds Expectations: Cushman & Wakefield reported Q1 2026 revenue of $2.54 billion, an 11% year-over-year increase that surpassed analyst expectations of $2.42 billion, indicating strong performance in leasing and capital markets.
- Profitability Improvement: The adjusted EPS of $0.15 exceeded the consensus estimate of $0.13 by 12.6%, reflecting successful execution in diversified services and project management, which are crucial for long-term growth.
- Cautious Market Reaction: Despite strong results, the market expressed concerns over margin stability and growth sustainability, leading to a decline in stock price from $14.46 to $13.85, highlighting investor caution regarding future performance.
- Future Growth Drivers: The company aims to focus on specialized sectors such as logistics, data centers, and life sciences, leveraging AI to drive growth and efficiency, with internal forecasts suggesting a potential increase of 330 million square feet in demand over the next decade, showcasing significant market potential.
See More
Global Logistics Market Rental Trends Analysis
- Changing Rental Conditions: According to Cushman & Wakefield's analysis, the proportion of tenant-favorable conditions in global logistics markets is expected to decline from 52% today to 33% by 2029, indicating a shift in power dynamics that will impact tenants' negotiation leverage and costs.
- Rising Rental Trends: Global logistics rents are already 36% higher than in 2020, although growth is expected to moderate by 2025, prompting businesses to be more strategic in securing critical locations to manage rising operational costs.
- Significant Regional Differences: In the Americas, the percentage of tenant-favorable markets has sharply decreased from 72% to 53%, with projections indicating a rise to 46% by 2029, reflecting a rapid transition to a landlord-led market that influences corporate strategic planning.
- Impact of Energy Costs: In the EMEA region, 54% of markets are currently tenant-favorable, but this is expected to fall to 39% by 2029, with rising energy costs driving occupiers to prioritize energy-efficient buildings, thereby affecting their long-term operational strategies.
See More
Cushman & Wakefield Appoints New Head of Asia Pacific Data Center Group
- Leadership Enhancement: Cushman & Wakefield has appointed Leon Ikeda as Head of Advisory & Transactions for the Asia Pacific Data Center Group, effective May 2026, aiming to strengthen the firm's leadership in the rapidly growing sectors of commercial real estate and digital infrastructure.
- Strategic Execution: Leon will lead strategic advisory and transaction execution for data center operators, investors, and hyperscale clients across Asia Pacific, leveraging his extensive experience in market analysis and client needs to drive capital deployment and platform expansion.
- Industry Insight: With over a decade of experience in the data center sector, Leon previously held senior regional roles at Equinix and Digital Realty, where he was responsible for acquisitions and strategic expansion across Japan and Asia Pacific, successfully leading major transactions in core markets like Tokyo and Osaka.
- Integrated Strategy: Leon emphasizes that data center strategy today requires a more integrated approach, encompassing capital allocation, site selection, scalability, and long-term platform value, aiming to assist clients in making informed decisions in an increasingly competitive environment.
See More
Cushman & Wakefield Arranges $74.1 Million Financing for Historic Building Conversion
- Financing Arrangement: Cushman & Wakefield has arranged $74.1 million in financing for the Silicon Valley Initiative Partnership, provided by Deutsche Bank, to convert the historic Bank of Italy building in San Jose, California, reflecting strong market confidence in adaptive reuse projects.
- Project Scale: The project will transform the 13-story office tower, originally built in 1926, into approximately 126,000 square feet of mixed-use residential and retail space, providing 109 market-rate residential units to meet the growing demand for high-quality rental housing.
- Market Trend: Executive Vice Chair Karson highlighted that the momentum behind office-to-residential conversions is accelerating as cities seek creative solutions to repurpose underutilized commercial assets, indicating sustained confidence in well-located adaptive reuse opportunities.
- Project Features: The new development will preserve key historic elements of the building while introducing modern, high-quality interior finishes and amenities, including a fitness center, lounge, and outdoor terrace, aimed at enhancing tenant experience and attracting future residents.
See More
SEGRO Appoints Cushman & Wakefield for Asset Valuation
- Portfolio Size: SEGRO's UK portfolio exceeds 27.7 million sq ft (approximately 2.5 million square meters), encompassing modern warehousing, industrial properties, and data centers, highlighting its significant market presence.
- Valuation Contract Details: Cushman & Wakefield has been appointed as SEGRO's valuer under a five-year contract, with the first valuation expected to be delivered in June 2026, aimed at providing data and commercial insights to SEGRO.
- Market Expertise: Cushman & Wakefield's deep knowledge of the UK industrial and logistics market will deliver reliable valuation outputs that support SEGRO's business decisions, further solidifying its market leadership.
- Team Strength: Cushman & Wakefield's Valuation & Advisory team consists of over 175 professionals, advising on approximately £400 billion worth of assets annually, showcasing its robust capabilities and influence in the commercial real estate sector.
See More
Cushman & Wakefield Appoints O'Regan as Head of West End Capital Markets
- Executive Appointment: Cushman & Wakefield has announced the appointment of O'Regan as Head of West End Capital Markets, set to join in Q4 2026, succeeding Richard Womack, who will transition to Head of Capital & Strategic Partnerships, reflecting the company's strategic positioning in capital markets.
- Extensive Experience: O'Regan has spent five years as a Director in JLL's London Capital Markets team and has a total of 16 years of industry experience at Savills and Avison Young, successfully advising on transactions exceeding £5 billion, thereby enhancing Cushman & Wakefield's competitive edge in the West End market.
- Transaction Record: Recent transactions O'Regan has been involved in include Lone Star's acquisition of 90 Whitfield Street and the acquisition of 103-113 Regent Street for a private investor, which not only bolstered the company's market reputation but also laid the groundwork for future investment opportunities.
- Strengthened Leadership Team: O'Regan's addition will join forces with other executives like Chris Bennett and Martin Lay to form a robust leadership team at Cushman & Wakefield, further enhancing the company's competitive advantage in global capital markets and ensuring superior service for clients.
See More
Cushman & Wakefield Q1 2026 Results Exceed Market Expectations
- Performance Exceeds Expectations: Cushman & Wakefield reported Q1 2026 revenue of $2.54 billion, an 11% year-over-year increase that surpassed analyst expectations of $2.42 billion, indicating strong performance in leasing and capital markets.
- Profitability Improvement: The adjusted EPS of $0.15 exceeded the consensus estimate of $0.13 by 12.6%, reflecting successful execution in diversified services and project management, which are crucial for long-term growth.
- Cautious Market Reaction: Despite strong results, the market expressed concerns over margin stability and growth sustainability, leading to a decline in stock price from $14.46 to $13.85, highlighting investor caution regarding future performance.
- Future Growth Drivers: The company aims to focus on specialized sectors such as logistics, data centers, and life sciences, leveraging AI to drive growth and efficiency, with internal forecasts suggesting a potential increase of 330 million square feet in demand over the next decade, showcasing significant market potential.
See More
