singapore industrial rents
Industrial rents to grow 0%-3% in 2024: report
Industrial rents to grow 0%-3% in 2024: report
Savills cited three factors contributing to the projection.
Industrial landlords may have to lower rents as supply outweighs demand – expert
There is an average annual supply of 1.0 million sqm coming onstream between 2024 to 2026.
Industrial prices and rentals continue to rise amidst drop in occupancy
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.
AA REIT posts 5.1% YoY growth for DPU in FY 2023
The distribution per unit (DPU) grew to 9.944 cents.
Industrial prices to grow between 5%-7% in 2022 amidst growing demand
Macroeconomic uncertainties are pushing industrialists to diversify locations.
Private warehouse rents up by 2.1% in Q2 22
Occupancy level grew 91.4% in the second quarter of 2022.
Multiple-user factory rents posted highest quarterly, yearly growth since Q3 2013
Rental indices for factories went up 2.1% quarter-on-quarter.
Industrial rents and prices grow for the 7th consecutive quarter
Both grew by 1.5% QoQ.
Prime logistics posts highest rental growth amongst industrial segments in Q2
Rents for the segment rose 7.0% YoY and 2.7% QoQ.
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