Property consultant: Warehouse occupancy in Greater Jakarta reaches 95 percent
Property consultant Jones Lang LaSalle (JLL) recorded that activity in the modern warehousing sector in Greater Jakarta (Jakarta, Bogor, Depok, Tangerang, Bekasi) continued to show resilience in the second quarter of 2026 amid a macroeconomic slowdown, reflected in an occupancy rate of around 95 percent.
JLL Indonesia Country Head and Head of Logistics & Industrial Farazia Basarah said during a media briefing in Jakarta on Tuesday that warehousing demand remained active, driven by manufacturing, trade, and e-commerce activity.
Demand also came from various sectors, including last-mile delivery operators, third-party logistics (3PL) companies, fast-moving consumer goods (FMCG), and the electrical and electronics equipment industry.
“From the total logistics demand, occupancy is still at 95 percent. There is still a lot of logistics and e-commerce activity that is quite active, and we also see cold storage growth continuing to increase,” said Farazia.
In the second quarter of 2026, JLL recorded new supply of modern warehousing in Greater Jakarta reaching 75,500 square metres, while net demand was recorded at 35,600 square metres.
With these developments, the occupancy rate of modern warehousing in Greater Jakarta reached 95 percent in the same period.
According to Farazia, logistics and industrial sector activity was also supported by foreign direct investment (FDI), which continued to grow.
In the second quarter of 2026, Indonesia’s FDI was recorded to have increased by around 7 percent compared to the same period the previous year. Approximately 50 percent of that investment came from the manufacturing sector.
Besides manufacturing, the mining sector was one of the main contributors to investment. Meanwhile, other service sectors, including data centres, also showed an increase in line with the growing need for digital infrastructure and artificial intelligence (AI) technology.
She noted that one indicator of investment growth in the logistics sector could be seen in the acquisition transaction of several logistics companies by I Squared in early August 2026.
The Miami-based infrastructure investment firm had previously invested in Indonesia in the fibre optic and data centre sectors.
Now, I Squared is expanding its portfolio into the logistics sector through the acquisition of five logistics companies, including warehousing companies with networks in Jakarta, Greater Jakarta, Bogor, and Surabaya.
According to Farazia, the transaction shows that investors still see prospects in Indonesia’s logistics sector despite the macroeconomic slowdown.
“Even though the Indonesian market may be slowing slightly from a macroeconomic perspective, we see logistics occupancy still at 95 percent,” she said.
She assessed that the sustainability of warehousing and logistics demand, including from the e-commerce sector, is one of the factors keeping investors optimistic about the Indonesian market.