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
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.
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
Swedish home prices swell with buyers expecting rate cuts
Blackstone, Starwood split on commercial property market risks
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
Rents set to be last domino to fall in global inflation battle
US rents climbed 1.5 times faster than wages in last four years
Australian budget to target housing woes with more construction workers