Industrial
Adelaide hits highest quarterly industrial take up in 12 months
Leasing activity reached nearly 44,000sqm in Q4 2022.
Adelaide hits highest quarterly industrial take up in 12 months
Leasing activity reached nearly 44,000sqm in Q4 2022.
Delhi’s industrial Grade A supply to increase at 15% CAGR from till 2026
There is almost 50 million sq ft of new supply lined up in the next three years.
Tokyo industrial sector’s net absorption hits over 2 million sqm in 2022
It was very close to 2019 absorption levels.
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Transaction volumes hit AUD 745.9 million in Q4 2022.
Perth industrial takeup hits 228,600sqm over the last year
This is more than the 10-year average of 205,000sqm.
Seoul’s Q4 industrial vacancy rate at its highest since 2020
The vacancy rate was at 8.2%.
This city was the only one in APAC to decline in prime logistics rents in H2 2022
Rents in this city dipped by 0.1%, its first decline since the pandemic began.
Singapore industrial rental index rose by 6.9% in 2022
Meanwhile, the price index grew 7.5% during the year.
Singapore industrial rent and price growth to ease to around 5% this year
Net absorption for multiple-factory space is also at an all-time high.
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Malaysia records 2,560 industrial units under construction
Another 1,702 units are in the planning stage.
This building is set to be one of Hong Kong’s largest logistics centres
It has a gross floor area of 3.8 million sq ft.
Hong Kong industrial rents register a 3.7% increase for full-year 2022
Warehouse vacancy increased slightly to 3.3%.
Hong Kong’s biggest industrial investment deal in Q4 revealed
It was valued at HK$850 million.
Singapore industrial sales hit record lows since Q2 2020
Total sales were only at S$715.1 million in the last quarter of 2022.
Hong Kong overall warehouse rents slip 1% in Q4 2022
Vacancy rates were stable at 1.9% during the quarter.
APAC to see nearly 26m sqm of new industrial space in 2023
This translates to a USD36b increase in investable prime logistics spaces.