19 May '16, 8am
#Singapore 4th most expensive prime #logistics market in the world.
Prime logistics rents in global hub markets increased 2.8% year-over-year amid strong demand from supply chain users seeking modern distribution facilities to accommodate growing global trade and e-commerce activity, according to CBRE’s inaugural Global Prime Logistics Rents report. The report tracked the rents of prime logistics facilities in 69 global hubs in the Americas, APAC and EMAS at of Q4 2015. Top market rent was gathered based on industrial distribution space of the highest quality and specification in the best location within each industrial hub, based on factors such as infrastructure and accessibility, market size and business environment. Prime logistics facilities in Singapore are those with strong attributes including ramp up