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Hong Kong Industrial Sales & Leasing - Jul 2020
"Modern warehouses saw rising vacancies with freight forwarders and 3PLs continuing to lose business due to global supply chain disruptions as well as weaker local consumption."
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"Modern warehouses saw rising vacancies with freight forwarders and 3PLs continuing to lose business due to global supply chain disruptions as well as weaker local consumption."

"Yields stable and investment volume past its nadir"

"Strong performance during Covid-19 lockdown period"

"Supply has fallen 20% from 2019 peak"

"Strong levels of take-up leaves just 1.08 years in supply"

"Vacancy rate hits 5.48%, the lowest level ever recorded"

"Supply is dominated by lower-quality space, just 15% is Grade A"

"H1 2020 take-up 165% above the long-term average"

"What next after lockdown restrictions ease?"

"Will Covid-19 accelerate a trend towards regional supply chains and nearshoring?"