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Industrial property rents, prices continue slide
Occupancy improves, driven by an increase in demand for storage amid a delay in new completions
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Published Thu, Oct 22, 2020 · 09:50 PM
Singapore
THE slide in Singapore industrial property rents and prices continued in the third quarter, with the pace of decline gathering pace though occupancy improved, latest figures from JTC Corp show.
The industrial land and infrastructure agency said the rise in occupancy was driven by an increase in demand for storage amid a delay in new completions.
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