Industrial rents rose 2.1% year on year in the second quarter of 2023, with occupancy reaching 89.1%
In 2Q2023, overall occupancy rate of industry property market saw a slight rise by 0.3 percentage points over the previous quarter, to reach 89.1%, according to information published from JTC the 27th of July. This growth was driven by the multiple-user factory as well as warehouse segments, with the new demand outpacing supply. “Although many […]