Business parks are the next big thing in real estate

Swanky multinationals are mulling address changes.

The business park sub-segment is the underappreciated rising star of the real estate sector, according to a report DBS.

With reports that large multinationals are mulling a shift away from their CBD locations to the upcoming Mapletree Business City II, DBS believes that the unheralded sub-segment could be an outperformer this year.

“We have been advocating that the Business Park space is an under-appreciated sub-segment that could potentially be a star performer amongst all real estate sectors this year. In recent quarters, we have seen back-filling of space at both Ascendas REIT and MINT which are positive data-points for both REITs. Frasers Commercial Trust is a potential beneficiary given that filling up at MBC II will mitigate leasing risk for its Alexandra Technopark, which is located next to the upcoming property,” stated DBS. 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.