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Tapering in industrial govt land sales boon for industrial market

Demand for industrial space moderated last year due to uncertainties in the global outlook, with stock markets plunging amid the brewing United States-China trade war.

Net demand measured by absorption of multiple-user factory space for first nine months of the year was just 1.2 million square feet (sq ft), a significant decrease from the 2017 full-year absorption of 3.9 million sq ft.

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A version of this article appeared in the print edition of The Sunday Times on January 13, 2019, with the headline 'Tapering in industrial govt land sales boon for industrial market'. Print Edition | Subscribe