Cushman & Wakefield sees tenant-friendly logistics markets dropping to 33% by 2029 from 52% in 2026

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Cushman & Wakefield’s Waypoint 2026 projects tenant-favorable logistics markets falling to 33% by 2029 from 52% in 2026.
Landlord-favorable markets seen rising to 39% by 2029 from 26% in 2026 as vacancy tightens.
Global logistics rents sit 36% above 2020 levels; 54% of markets forecast rental growth over the next three years.
Average rent growth was 2.2% year-on-year by end-2025; Brazil led near 33% while Greater China fell about 7%.
Americas show the sharpest swing, with landlord-favorable markets projected at 46% by 2029 from 17% currently.

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