Industrial property defies uncertainty

Data centres drive larger land deals

- KANANA KATHARANGSIPORN

The industrial and logistics property sector continues to outperform other segments, supported by robust demand and ongoing government backing despite prevailing uncertainties, according to property consultancy CBRE Thailand.

Chotika Tungsirisurp, head of consulting and research at the firm, said the industrial sector has been a standout performer over the past five years and is expected to extend its solid performance into 2026.

"The sector's growth is supported by high levels of pre-commitment and continued government support," she said.

"Even though the Supreme Court ruled last week that [US President] Trump's tariffs are illegal, investors' decisions have not changed because everyone understands that the issue remains uncertain."

Among the three key target industries based on Board of Investment (BoI) application approvals, investment in data centres recorded the strongest growth, increasing sixfold last year to more than 600 billion baht.