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Better prospects for warehouses this year

Nisha Ramchandani
Published Wed, Apr 14, 2021 · 09:50 PM

    Singapore

    AFTER pulling off a reasonably resilient performance in 2020 amid a full-blown pandemic, warehouses could see rents pick up in 2021.

    However, the performance across the industrial market may vary, with rents for certain segments, such as multiple-user factory space, possibly coming under pressure due to economic uncertainties, according to NUS' Institute of Real Estate and Urban Studies (IREUS).