Industrial sector to maintain solid showing


Olive Tree Property Consultants chief executive officer Samuel Tan

PETALING JAYA: The industrial property market is set to maintain its solid performance for the remainder of the year on the back of increased investment activities in data centres and the electrical and electronics (E&E) sector.

According to Knight Frank, in its real estate highlights report for the first half of 2024, the manufacturing sector is expected to grow by 3.5% in 2024, driven by the recovery of export-oriented industries and sustained growth in the domestic cluster.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Industrial , property , data centres , E&E

Next In Business News

MSPO certification helps Malaysia meet sustainability requirements in FTAs, says MPOB
Teamstar signs underwriting agreement with TA Securities for ACE Market IPO
Melati Ehsan redesignates COO to CEO
TM Nxera partners with TNB to secure 280MW for data centre campus
Favelle Favco acquires France-based Seram Industries SAS
Ringgit ends firmer as concerns over Fed independence weigh on US dollar
HE Group wins power distribution system contract
Awanbiru appoints Azizah Ali as its group CEO
MN Holdings proposes transfer to the Main Market of Bursa Securities
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil

Others Also Read