Chart of the Day: Industrial upper storey rents may fall by 0.75% in Q3

Submitted By:  Staff Reporter Case Study:  No Rents are largely expected to trend downwards due to weakening manufacturing and trade. This chart from Edmund Tie & Co. reveals that industrial upper storey rents are forecasted to have fallen 0.75% QoQ between the $1.38 to $1.58 range in Q3. First-storey rents are also projected to have fallen 0.5% QoQ to the $1.73 to $1.98 range. In contrast, city-fringe business park rents are forecasted to have risen 1% QoQ to a range between $4.35 to $4.85. High-tech industrial rents are remained the same at $2.85 to $3.05. read more