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Warehouses in vogue amid stockpiling, surge in e-commerce

Resilient leasing activity to boost property investment interest in sector, say observers

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Brenda Ong of Cushman & Wakefield Singapore says some warehouse landlords have started to raise asking rents. Rimon Ambarchi of CBRE says good-quality, ramp-up logistics facilities are most in demand.

Singapore

WHILE most segments of the Singapore property market have been impacted negatively by the Covid-19 outbreak, leasing demand for warehouse space has been resilient in the past three months - on the back of national stockpiling efforts, and a surge in online shopping and e-...

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