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Property Market Report | Q3 2020 Jakarta Industrial Estate

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Warehouse Industrial 1536x1040

Industrial land sales dropped in 2020 YTD, as predicted earlier in the year particularly when the pandemic started. It will, in fact, be a tougher time for the industrial market to surpass last year’s performance, despite the hope to see more transactions in Q4. Companies tend to take a wait-and-see stance before deciding to make any investment.

Industrial landlords should anticipate more enquiries from the growing sectors (e.g., health sector and food industry) as a result of the pandemic. In the era where movement is limited, e- commerce-based trading companies will ask warehouse facilities for more requirements. Furthermore, we also anticipate a growing demand from high-tech companies


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Property Market Report | Q3 2020 Jakarta Industrial Estate

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Ferry Salanto

Senior Associate Director

Research

Jakarta

As Head Research Department, Ferry is in charge in providing property market knowledge for internal purposes and for clients. The scope of sectors covered in the quarterly market report comprises office, apartment, retail, hotel and industrial estate.

In regional tasks, the Heads of Research of each country work together in providing regional market reports covering the Asia Pacific region and globally. Currently Research Department is not only operating as a cost-centre department, as he and his team have been assigned by the Central Bank to provide monthly market information.

On the consulting front, the task involves providing a wide range of advisory services to our clients. Working closely with Consulting Department, we help clientsby preparing feasibility studies to determine whether their property projectsare viable from both financial or marketing aspects. 

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