News
COMMERCIAL PROPERTY, MANUFACTURING | Staff Reporter, Singapore
view(s)

Industrialists turn to private landlords to evade JTC’s strict policies

Subletting rules are stifling.

Some manufacturers are turning to private industrial landlords instead of leasing space from JTC, a report by Colliers revealed.

The report noted that the stringent controls imposed by JTC led some industrialists to turn to the private sector in the first quarter, where there are no restrictions especially for standalone industrial buildings.

“The industrial leasing segment continued to see healthy activity level in 1Q 2015. Industrialists with businesses that are part of the manufacturing chain of high-technology products are expanding and looking for more space. Leasing interest also stemmed from firms in growth industries such as data centres,” stated Colliers.  

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.