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Green shoots for rent at some industrial segments

Better economic outlook cited, but JTC data shows overall industrial rents down another 1.1% in Q3

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Published Thu, Oct 26, 2017 · 09:50 PM
    More take-up in Q3

    Singapore

    WHILE industrial rentals continued to moderate in the third quarter, the absorption of industrial space has picked up pace in certain sub-segments following positive manufacturing and trade performance in Singapore.

    JTC's statistics released on Thursday showed overall industrial rents slipping another 1.1 per cent, making this the 10th straight quarter of decline. Compared to a year ago, industrial rentals have fallen 3.2 per cent.

    JTCIndustrial property

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