Prices and rents of industrial space edge up q-o-q in Q4 2020 as occupancy rate climbs
Industrial market is seen as stabilising and recovering in 2021, although some segments will fare better than others
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AFTER falling for most of 2020, prices and rents of industrial space bucked the trend in the fourth quarter of 2020 by edging up quarter-on-quarter as the occupancy rate climbed due to a delay in new completions.
And while prices and rents still retreated year-on-year, the industrial market is seen as stabilising and possibly recovering in 2021.
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