Published:
Industrial rents rocket to a record high in 3Q15
However, momentum has slowed.
Industrial rents hit new highs in 3Q15 but momentum slowed.
According to a research note from CBRE, warehouse rents rose by 0.9% q-o-q, compared to a decline of 0.3% q-o-q in Q2 2015.
Demand continued to be skewed towards cargo lift access buildings.
This means that rents for ramp access buildings edged down slightly by 0.2% q-o-q, bringing the y-t-d decline to 1.3%.
Here's more from CBRE:
In contrast, cargo lift access buildings registered 0.7% q-o-q growth.
Rents for I/O buildings continued to outperform, benefiting from falling vacancy in the office market.
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