Extended stoppage in construction works due to the Covid-19 pandemic is expected to delay the completion of about 700,000 square metres of new industrial supply in 2020. This new supply will be rolled over to 2021, bringing the amount completed in the year to 2.2 million sq m, DBS said.
The analysts added that most of the excess supply will be in the multi-user and single-user factories, while the supply of warehouse and business parks will remain constrained. The inflow of startups in the deep-tech space and continued expansionary demand from high-value manufacturing, such as precision engineering, biomedical, medical technology and telecommunications, will continue to drive demand for these real estate sectors, showed the research note.
Moreover, Singapore's strategic positioning in the Asean region and strong network links imply that the country could be a choice location for vaccine distribution from 2021.
Commodities allocation. C'mon we're way past sophisticated goods for procure, invest, re-invest, dividends collect or profit-take. Relax
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