Asia’s online retail revolution is driving major increases in logistics real estate investment, but a shortage of suitable e-commerce warehousing remains.
According to data compiled by property consultant Knight Frank, this year has so far seen China record a 52% year-on-year jump in e-commerce-driven real estate development.
South Korea and Taiwan trail with respective increases of 17% and 12%; while Japan, India, Hong Kong and Singapore have each recorded 7% growth.
“Over the past 10 …
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Source: The Loadstar