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E-commerce continues to drive demand for warehouse and logistic space, says Knight Frank Malaysia msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Growing demand: The local property market is seeing a rising interest in data centres as an alternative class of asset. AP WHILE the pandemic may have dampened an already softening property market, this does not mean that developers aren’t taking measures or incorporating strategies to address the current crisis. A property sector analyst points out that dealing with the global pandemic has not been easy, but adds that opportunities can be reaped regardless of how bad a situation is. “Whether times are good or bad, companies owe it to their stakeholders to stay competitive and be ahead of the competition, ” he tells StarBizWeek. ....
Knight Frank Malaysia capital markets executive director Allan Sim. PETALING JAYA (Feb 16): Emerging opportunities for industrial real estate in Asia-Pacific, particularly in port infrastructure, have changed the overall landscape, according to Knight Frank. In its latest report New Frontiers Regions of Opportunities: Infrastructure Impact on Industrial and E-Commerce and Supply Chain Evolution’s Impact on Industrial Real Estate , the consultancy firm highlights the opportunities in the sector amid the Covid-19 pandemic. Knight Frank Malaysia capital markets executive director Allan Sim said in a press release: “The pandemic has accelerated the adoption of online retailing across selected key markets in Asia-Pacific, with the average online penetration growth estimated at 14% in 2020. Malaysia’s online retail growth of 17% during the year, the third highest among the countries reviewed, only translates to a country online penetration of 5%. Hence, there is muc ....
KUALA LUMPUR (Jan 18): The anticipated commercial rollout of the Covid-19 vaccine by the first half of 2021 (1H21) will boost the hopes for the country’s economic recovery and lift overall consumer sentiment, said property consultancy Knight Frank Malaysia. Managing director Sarkunan Subramaniam said, however, that due to the current ongoing political uncertainties amid the worsening Covid-19 crisis, the residential market is expected to remain challenging in 1H21. This had led property buyers as well as developers to rethink their future plans and strategies, he said in a statement in conjunction with the launch of its Real Estate Highlights 2nd Half of 2020 research report today. ....