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THE industrial property market saw solid year-on-year growth in the first half of 2021, as the Covid-19 pandemic pushed demand for more warehouse space in the country.
UP until a year-and-a-half ago, the logistics and warehousing space was often considered an afterthought when it came to property investment.For property investors, it was always sub-sectors like the residential, commercial and retail that’s constantly on the radar.
Growth in logistics backed by demand for space
Knight Frank Malaysia has been exclusively appointed by Panasonic Solar Energy Malaysia for the sale of its solar panel plant in Kulim Hi-Tech Park, Kedah.
KUALA LUMPUR: Logo SE Asia Pte Ltd (Logos), a leading logistics real estate specialist in Asia Pacific, has entered into a joint-venture (JV) with a local partner to develop a sustainable integrated logistics, warehousing and e-commerce hub in Shah Alam.
Covid-19 spurs demand for warehouses, distribution centres
PETALING JAYA: As the local property market endures one of its toughest periods in recent history amid the Covid-19 pandemic, the industrial sub-sector is seen as the most resilient to weather the uncertainties ahead.