Staff Reporter
,
Hong Kong
While overall leasing momentum slowed.
It has been noted that in the industrial market of Hong Kong's real estate sector, warehouse rents dropped 0.3% q-o-q in 4Q15.
According to preliminary figures from a research note from CBRE, further, overall leasing momentum slowed, especially for direct-ramp access buildings.
Meanwhile, aggregate trade in October and November combined fell 6.1% y-o-y on the back of worsening trade activity with China. In the first 11 months of 2015, aggregate trade fell by 3.1% y-t-d
Lastly, average vacancy of warehouse pulled back 0.4 percentage points to 2.2% in Q4
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