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
Add BT as a preferred source
Singapore
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.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot
UK PM Starmer resigns; new leader to be in place by September
