Online shopping should give ARA Logos a lift
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WITH warehouse leasing demand strengthening as consumers increasingly let their fingers do the shopping, ARA Logos Logistics Trust (ALOG) is well positioned to ride on the growth in e-commerce.
Warehouses were one of the more resilient performers last year among the industrial real estate segments.
According to JTC's latest quarterly market report, rents for warehouses in Singapore climbed 0.2 per cent quarter-on-quarter in Q4 2020, with CBRE Research pointing to strong leasing demand for storage space driven by third-party logistics, food logistics and e-commerce players. Compared to a year ago, rents were slightly lower by 1.3 per cent.
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