Go Finance Reporting in JAKARTA - Rental property in the industrial area in Asia jumped more than five percent in 2010. This achievement contrasts starkly with the situation most of the other countries which decreased the occupancy rate to deteriorate.
This was revealed in the publication "Industrial Space Across the World 2011" issued property consultants Cushman & Wakefield, in Jakarta on Friday (03/10/2011).
"However, globally, rents in industrial zones fell by 1.2 percent. The decline was the same in the United States, Europe and the Middle East," he said.
The publication is to monitor the rental price and the total cost of occupancy in the industrial area in 53 states, where appears that Jakarta, Beijing, and Singapore has a very strong performance in 2010.
In the ranking of most expensive industrial location in the world, Singapore jumped from rank 19 to rank 4, with rents increasing by 14.9 percent and Beijing by 17.5 percent.
Meanwhile, the location of the world's most expensive industrial area in 2011, the first position is still occupied by London Heathrow last 10 years with total occupancy costs by 235 euros per m2 per year.
Tokyo remains in second position (183 euros per m2 per year), and Geneva (164 euros per m2 per year) rose to the rank of three out of four ranking in the previous year.
"These data confirm the stable position of the Asian market which is always ranked at the top. Tokyo and Hong Kong are constantly including the location of the world's most expensive industrial area, "said Cushman & Wakefield Research Group, David Barrie. (GoFinance)
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