Chart of the Day: Volume of industrial property deals down 12% in Q4 2019

All caveats lodged in the quarter were for resales.

This chart from JTC Corporation revealed that the volume of industrial properties transacted based on the number of caveats lodged was estimated to have fallen 12% QoQ in Q4 2019. On a yearly basis, it dropped 6% YoY.

Over 200 caveats were lodged on industrial properties during the quarter, with all of them for resales.

Overall, the occupancy rate for industrial properties declined 0.1% YoY during the quarter. Business parks saw the biggest growth in occupancy at 1.3% QoQ, whilst warehouses posted the sharpest decline in occupancy at 1.5% QoQ.

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