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Industrial property likely to stay mixed in Q4

Factors cited include persistent downside risks and usual year-end lull

Business park rents, which bucked the trend and continued to rise in Q3, are still lower than office rents and the former is drawing more office occupiers.


SINGAPORE'S industrial property market is expected to remain mixed in the fourth-quarter of 2014, given the presence of persistent downside risks, which include uncertainties surrounding the global economic recovery and the traditional year-end holiday lull.