Industrial space rentals climb 1.7% QoQ in 1Q24

Philippines News News

Industrial space rentals climb 1.7% QoQ in 1Q24
Philippines Latest News,Philippines Headlines
  • 📰 SBRMagazine
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

pstrongYear-on-year, it rose 7.8%./strong/p pThe rental index of all industrial space rose 1.7% QoQ and 7.8% YoY in 1Q24, data from JTC showed./p pAll industrial assets also reported a rental index increase, led by multiple-user factories, which saw an 8.9% YoY increase.

All industrial assets also reported a rental index increase, led by multiple-user factories, which saw an 8.9% YoY increase. On a QoQ comparison, however, multiple-user factories had the smallest increase at 1.3%.

Single-user factories and Business Park posted the highest QoQ increase amongst asset types, both at 2.1%, followed by warehouse ....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SBRMagazine /  🏆 13. in SG

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment volume drops 34.7% YoY to $4b in 1Q24Investment volume drops 34.7% YoY to $4b in 1Q24pstrongGLS tenders played a significant role in the investment volume./strong/p pInvestment volume hit fell 34.7% YoY to $4.0b in 1Q24, Colliers reported./p pThe investment volume also fell across segments, with the commercial sector posting the largest decline of 52.7% QoQ.
Read more »

CICT NPI rises 6.3% YoY to $293.7M in 1Q24CICT NPI rises 6.3% YoY to $293.7M in 1Q24pstrongGross rental income growth and lower operating expenses drove the uptick./strong/p pCapitaLand Integrated Commercial Trust (CICT) saw its net property income (NPI) increase 6.3% YoY to $293.7m in 1Q24, driven by gross rental income growth and lower operating expenses./p pThe REIT also posted a 2.
Read more »

Singapore’s 1Q24 deals plummet 21.1% YoYSingapore’s 1Q24 deals plummet 21.1% YoYpstrongIn the whole of APAC, deal volume declined by 12.2% YoY./strong/p pSingapore’s total deals in the first quarter of 2024, including mergers & acquisitions, private equity and venture financing deals, fell 21.1% YoY./p pData from GlobalData showed that deal activity also fell for Asia-Pacific (APAC) by 12.2% YoY to 3,681 deals.
Read more »

CapitaLand India Trust's net property income surges 18% YoY in 1Q24CapitaLand India Trust's net property income surges 18% YoY in 1Q24pstrongThe REIT attributed the increase to higher property income./strong/p pIncreased property income propelled CapitaLand India Trust's (CLINT) net property income (NPI) up 18% YoY in SGD terms and 19% YoY in Indian Rupee terms in 1Q24./p pBased on its latest financial statement, CLINT recorded an NPI of $49.4m (₹3.1b).
Read more »

Suntec REIT's distributable income dips 1.1% YoY in 1Q24Suntec REIT's distributable income dips 1.1% YoY in 1Q24pstrongWith lower income, the REIT also reported a 1.8% dip in DPU./strong/p pSuntec REIT posted a 1.1% YoY lower distributable income to unitholders of $44m in 1Q24./p pThe REIT also recorded a 1.8% YoY drop in its distribution per unit (DPU) from operations to $0.01511.
Read more »

Singapore's GDP Grows 2.7% YoY in 1Q24Singapore's GDP Grows 2.7% YoY in 1Q24Singapore's gross domestic product (GDP) grew faster in the first quarter of 2024, increasing by 2.7% year-on-year, according to advance estimates from the Ministry of Trade and Industry (MTI). The goods-producing and services-producing industries both saw expansions, contributing to the overall growth.
Read more »



Render Time: 2025-02-25 19:35:51