Industrial and logistic sectors to be top performers in 2021

Industrial and logistic sectors to be top performers in 2021 — Savills Malaysia


KUALA LUMPUR (Jan 6): The industrial and logistics sectors will continue to be the top performing sector for 2021, predicts Savills Malaysia. It notes that Covid-19 has accelerated the growth in e-retailing businesses in both the warehousing and logistics sectors, and investors are actively looking at this strong asset class as an all-time favourite investment. 
“Warehousing continues to be supported by the logistics sector and storage needs, and we see a strong pickup as e-retailing businesses continue to further improve. Brands continue to leverage on the infrastructure and capabilities of local and international e-commerce players. We also expect to see more deals flowing through in 2021 and the market to be more robust after a year of pandemic with slower action,” said head of agency Kevin Goh.

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