276 views

Prime logistics posts highest rental growth amongst industrial segments in Q2

Rents for the segment rose 7.0% YoY and 2.7% QoQ.

Prime logistics posted the highest rental growth amongst industrial property segments in the second quarter of 2022, data from CBRE showed.

 In Q2, the segment saw a 7.0% YoY and 2.7% QoQ increase in its rents. 

CBRE said the increase in rents for prime logistics can be attributed to the "positive leasing demand and the acute shortage of quality warehouse space."

"Further rental increases can be expected in the prime logistics segment in the near term," said CBRE.

Whilst the segment saw an improvement in rents, its vacancy remained tight in Q2, said CBRE, adding that the addition of LOGOS Penjuru Logistics Centre was not able to help the segment.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Horizon3 sets up ASEAN headquarters in Singapore
The cybersecurity company will expand its local team following a $319.8m (US$250m) funding round.
September surge masks looming export slowdown to 6% in 2027
Maybank raised its 2026 forecast to 27% from 18% in the same report.Non-oil domestic exports (NODX) growth could slow to 6% in 2027 as supply chain pressures and higher financing costs weigh on shipment momentum, Maybank Research Pte Ltd said.
Economy

Exclusives

Singapore opens door to foreign stablecoins under tighter rules
Banks may need separate companies to issue stablecoins under the proposed framework.
Singapore's most notable architecture professionals under 40 of 2026
The honourees span five firms, with women in the majority and a combined portfolio that includes a $960m hospital campus.