Industrial

Industrial gross take-up hit 546,900 sqm in Q1.

Three US tech giants will build hyperscale data centres in Malaysia.

But this is still 43% above the 10-year quarterly average.

Taiwan, Singapore, and Australia saw a spike in business park transactions in Q1.

MMLPs could immensely reduce logistics costs in the country.

Sale-and-leaseback is amongst the fastest entry routes to invest in cold storage, says Colliers.

New approved investments were double the expansion of existing manufacturing investments.

Gross take-up reached over 1.1 million sqm, outperforming the 10-year quarterly average by 91%.

Gross take-up reached 313,110 sqm in Q1.

Government land auctions now serve as the primary source of land supply for data centres.

Demand for this space is expected to hit 3.1m sqm by 2025, and Hong Kong only has 2.3m sqm currently.

The share of industrial sales doubled from 18% to 36%. 

Valuations in this sector have reached record highs.

The total value of major transactions jumped 53% to approximately US$354m.

Industrial transactions are off to a good start with $1.5b in Q1.

Such leases rose 23.9% to 2,320 transactions during the quarter.