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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

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In the broader Asia-Pacific region, Knight Frank expects modest rental growth for warehouses till the end of the year versus other commercial sectors which are expected to have flat or declining growth.

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....

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