Industrial rents and prices post 12th consecutive quarter of growth in 3Q2023
Statistics released by JTC on Oct 26 show that industrial rents and prices have been resilient despite a decline in manufacturing output and GDP in 3Q2023. Both indicators registered a 2% and 1.4% quarter-on-quarter growth respectively, marking the 12th consecutive quarter of growth since 4Q2020. On a year-on-year basis, industrial rents and price increased 9.3% […]