Industrial property set to gain


Growth potential: Workers putting on some final touches on a warehouse in Batu Kawan Industrial Park, Penang. The industrial property segment has a strong growth trajectory through acquisitions and organic growth.

PETALING JAYA: The industrial property sector will be the biggest beneficiary of the e-commerce boom, while the other real estate investment trust (REIT) sub-segments are likely to be severely affected by the current market glut.

Citing AREA Management Sdn Bhd executive chairman Datuk Stewart LaBrooy, CIMB Research said in a report that the industrial segment has a strong growth trajectory through acquisitions and organic growth, given the tight industrial space supply.

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Business , Reits , property , commercial , e-commerce , glut ,

   

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