Industrial property sector outlook stable in Q4 and beyond
Singapore
THE outlook for the industrial property sector is expected to remain stable going into the fourth quarter and beyond, although the impact from the US-China trade war remains a potential risk.
In the third quarter, industrial prices edged up 0.1 per cent from the previous quarter, while industrial rents slipped 0.1 per cent - marking a decline for the 14th consecutive quarter - owing to softer rents in multiple-user factories, single-user factories and business parks, JTC's quarterly report showed.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US rents climbed 1.5 times faster than wages in last four years
Australian budget to target housing woes with more construction workers
UK construction growth hits 14-month high in April, PMI survey shows
KKR buys 14 hotels in Japan, converts them to midscale Sheraton properties
Abu Dhabi developer Aldar picks banks for 10-year green sukuk
UK house prices stagnate in April as higher mortgage costs bite