hong kong warehouse vacancy
What does Hong Kong warehouses’ ultra low vacancy rate mean for the industry?
What does Hong Kong warehouses’ ultra low vacancy rate mean for the industry?
The vacancy rate is at sub-1% as of H1 2022.
Hong Kong warehouse rents record highest annual increase since 2014
Rents rose by 3.9% in 2021.
Hong Kong overall warehouse rents rebound 1.4% in Q4 2021
Vacancies declined to 3.1% in the same period.
Renew or relocate: What did Hong Kong logistics operators do in Q3?
Some operators opted to renew as early as 9 months before their lease expired.
Hong Kong warehouse rents inch up 1% in Q3
This is caused by improved occupancy and lower space availability.
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