Warehouse rents in Asia-Pacific hold steady on e-commerce demand: Knight Frank
Prime warehouse rents in Singapore have held steady in H1 2020, declining only 0.6% to S$1.80 psf pm from H2 2019
Singapore
THE first half of 2020 largely turned out to be a "resilient" period for Asia-Pacific warehouse markets; and expectations are for this sector's rents in Singapore to remain stable till the rest of the year, according to the latest research by property consultancy Knight Frank.
Prime warehouse rents in Singapore generally held steady in H1 2020, declining only 0.6 per cent to S$1.80 per square foot per month from H2 2019, Knight Frank said.
TRENDING NOW
If Europe goes to war, the fallout will be felt in East Asia
Firms linked to haze pledge cooperation in meeting with Shanmugam; government to table changes to haze law
Indonesia stocks suffer worst plunge in nearly 30 years as MSCI proposes standalone status
Keppel seeks US$1 billion for Vietnam investments as it joins country’s international financial centre
