Holiday season, supply chain issues bolstering demand for warehousing
Pandemic-linked shipping delays drive need for additional space to house goods, while firms in certain industries are keeping extra stock on hand
Singapore
AS THE festive season approaches, demand for warehousing and storage space is picking up, with some operators expecting to reap a bump in revenue.
Aside from the usual demand that comes with the year-end period, supply chain woes arising from the pandemic and construction delays for homes are also fuelling the need for space.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned