hong kong warehouse vacancy
What does Hong Kong warehouses’ ultra low vacancy rate mean for the industry?
The vacancy rate is at sub-1% as of H1 2022.
What does Hong Kong warehouses’ ultra low vacancy rate mean for the industry?
The vacancy rate is at sub-1% as of H1 2022.
Hong Kong warehouse rents record highest annual increase since 2014
Rents rose by 3.9% in 2021.
Hong Kong overall warehouse rents rebound 1.4% in Q4 2021
Vacancies declined to 3.1% in the same period.
Renew or relocate: What did Hong Kong logistics operators do in Q3?
Some operators opted to renew as early as 9 months before their lease expired.
Hong Kong warehouse rents inch up 1% in Q3
This is caused by improved occupancy and lower space availability.