PETALING JAYA: The industrial property sector in Malaysia remains attractive due to the robust growth of e-commerce as well as the country’s favourable investment environment for high-value manufacturing and global services, according to real estate consultancy Knight Frank Malaysia.
The consultancy’s executive director of capital markets and industrial Allan Sim said growth in the logistics sector is supported by more new requirements and space expansion from ecommerce players as well as last-mile logistics service providers.
“The accelerated shift from traditional retail to online order fulfilment will continue to generate strong demand to propel sustainable growth into the future.
...