Industrial
Melbourne adds over 230,000sqm of industrial supply in Q4
Melbourne adds over 230,000sqm of industrial supply in Q4
Over half of the completions were in the West precinct.
Jakarta industrial tenant mix still dominated by 3PLs
Warehouses with dual functionality were in demand.
Hong Kong warehouse demand to weaken this year
Rents are expected to continue to decline in 2024.
Kuala Lumpur prime logistics rents up 2.2% in Q4
Thanks to the improving quality of stock.
Delhi Grade A warehouse vacancy declines to 4.4% in 2023 as demand soars
The vacancy rate was at 6.8% in the previous year.
Singapore warehouse supply to hit over 2 million sq ft over the next three years
This is lower than the 10-year historical average of over 4m sq ft per annum.
Singapore’s largest industrial investment deal in Q4 revealed
The transaction was worth over S$80 million.
HK industrial leasing slows amidst Chinese economic downturn
Soft demand from Mainland China and high capital expenditure in Hong Kong equals drop in leasing volume.
Hong Kong industrial rents grow 1.2% in full-year 2023
Rents inched up by 0.1% in Q4.
Hong Kong industrial sales may be constrained until end of 2024
The high cost of funds is expected to take its toll on the investment market.
Tokyo overall industrial vacancy rate rises for the first time in two quarters
Vacancy grew by 30bps to 7.6% in Q3.
Here are the key drivers of Delhi’s strong demand for industrial space in Q3
Net absorption hit nearly 2 million sq ft during the quarter.
Adelaide new industrial supply declines for third consecutive quarter in Q3
There was only 31,600sqm of new stock during the quarter.
10 industrial projects to be completed in Perth in Q1 2024
These projects will add nearly 114,000sqm to the city’s supply.
Brisbane’s Q3 industrial takeup below the 10-year average
Takeup was at 84,400sqm in Q3.
Thailand industrial vacancy rate to reach 8-10% in the medium term
This is as most of the upcoming new supply will be non-speculative.
What’s driving Adelaide’s strong retail supply pipeline?
Nearly 13,000sqm of new space was completed in the last six months.