SUBSCRIBERS

Logistics sector tops warehouse occupancy in Singapore: Colliers

It takes up 44% of occupied warehouse space; demand expected to rise with growth in regional trade, e-commerce

Ng Ren Jye

Published Thu, Oct 3, 2019 · 09:50 PM

Singapore

THIRD-PARTY logistics (3PL) and logistics companies are the top warehouse space occupier in Singapore, according to Colliers International's latest report.

The sector, comprising freight forwarders, transport agents, supply chain and logistics support companies, delivery services, storage services and e-commerce, takes up 44 per cent of occupied warehouse space here.

Copyright SPH Media. All rights reserved.