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Steeper falls likely for Singapore retail rents in H2

Vacancies in non-prime locations expected to rise as more businesses shutter for good: Cushman & Wakefield report

Singapore

VACANCIES from the second quarter of 2020 are expected to put further downward pressure on retail rents in Singapore as more businesses shutter for good, said Cushman & Wakefield (C&W) in a report on Thursday.

Many activity-based tenants such as those in food and...

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