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Colliers Quarterly | Q2 2021 | Industrial

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Hong Kong Mid Year Market Outlook 2021 IND 1536x1040

Health demand gives landlords confidence to stay firm on rents

The industrial sector outperformed other key property sectors and continued to recover, with capital and rental appreciation recorded in Q2. The sector has also seen positive performance so far this year, and we forecast YOY warehouse rents and prices to adjust by +5.0% and +6.8% in 2021, respectively.

Insights and recommendations:

  • We expect landlords to negotiate for higher rents during renewals, given the relatively stable demand and limited new supply 
  • As we see the strong export rebound (+24% YOY) and rise in food consumption, we recommend investors pay attention to cold storage in the next three years.

To see what could be for you in the industrial sector, talk to one of our experts today.


Hong Kong Mid Year Market Outlook 2021 IND 1024x972

Colliers Quarterly | Q2 2021 | Industrial

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Rosanna Tang

Head of Research, Hong Kong & Greater Bay Area

Research

Hong Kong

Rosanna Tang leads the research team in Hong Kong and South China in Colliers. Driving different research papers and client-orientated initiatives, Rosanna has a deep understanding of all property sectors, research products, and client requirements. Rosanna is also one of the spokespersons in the company, and she frequently speaks in different industry events and media interviews. 
 

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