Reopening of economy to spur industrial sector demand

A view of a signage on a branch of Knight Frank estate agents in Islington, London. - File pic

KUALA LUMPUR: In the short to medium term, the reopening of the country’s economy is expected to spur demand in the industrial sector, as evident by improved transactional activities in the second half of 2021 (H2’21), Bernama reported, citing property consultancy firm Knight Frank Malaysia.

The national news agency quoted Knight Frank Johor branch director Debbie Choy as saying it was exciting to see emerging alternative asset classes such as data centres and workers’ dormitories entering the Johor Bahru market, namely GDS Holdings, Bridge Data Centres, and Wiwynn Corp.