Warehouse rentals fell by 4.9% in Q3

The industrial market faced a surge in supply.

Warehouses led the decline in industrial rentals by 4.9% in the third quarter of 2017, UOB Kay Hian said.

According to its report on Built Environment & Property Prospects Seminar 2018, declines also showed in multiple-user factory rentals by 3.3% and single-user factory rentals by 2.7%, mainly due to the surge in supply.

UOB Kay Hian analyst Peihao Loke said, "Although 2018 will see a surge in single-user factory supply, it is not of much concern. Single-user factories generally cater to generalist industrialists, and can attain higher occupancies (compared with multiple-users)."

Meanwhile, business parks are experiencing an increase in rentals, amid the lack of new supply in the last two years.

UOB cited Knight Frank, which said that demand has been supported, with certain trades like finance and technology growing into business parks.

Moreover, some financial firms have relocated their back-end operations to business parks, amidst increases in office rentals.

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.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia