Chart of the Day: Q3 industrial investment sales climbed 52.3% to $1.2b

Mapletree Logistics Trust bought five warehouses in West Region for $730m.

This chart from Colliers International shows that industrial investment sales jumped 52.3% QoQ to $1.2b.

However, the firm revealed that the total volume of deals crashed 57.9% YoY as Q3 2017 recorded the highest level of industrial property sales backed by ExxonMobil’s petrochemical plant buy worth $2b. The firm added that total industrial investment sales hit $2.3b in September YTD.

“We expect demand for industrial properties to grow as they can offer attractive yields to qualified investors and rents appear to be stabilising,” Colliers International explained.

The firm believes that interest will noticeably come from REITs’ demand for investible industrial assets in higher-end sectors such as data centres, high-spec facilities and modern ramp-up logistics properties.

The five warehouses in West Region sold for $730m to Mapletree Logistics Trust saw the highest transaction deal for the quarter. Other notable deals include the Geo-Tele Centre sold for $99.6m to Ascendas-Singbridge Group, the Tien Wah Press Building sold for $60m to Logos Property, and Forte sold for SB Investment.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!