High-tech Sector Continues to Strengthen
The pandemic has led to changes in lifestyles which are altering behaviours as a result of an increased dependence on technology. Today, technology is also illustrating the development of industries in support of lifestyles and corporate requirements. The automotive industry has gained traction again but this time to more tech-savvy products like electric vehicles (EVs). We anticipate more EV manufacturers will consider Indonesia as their production base and further expect an expansion in data centres in several locations, mainly within industrial estates.
In the current sluggish market, landlords need to look ahead to potential growth in technology-based companies. It would also be best to anticipate future needs such as preparing infrastructure and energy resources.
