Reported 8 months ago
In China, warehouses and industrial parks that once attracted international investors are now struggling with high vacancy rates. Due to a slowdown in e-commerce, manufacturing, and food storage business activities, logistics hubs are losing tenants, leading to rent cuts and shorter lease terms. Real estate investment trusts investing in China's commercial properties have seen a significant decline in shares, and more warehouse construction is exacerbating the oversupply issue. Despite this, some firms, like Forest Logistics Properties, remain optimistic and continue their expansion plans in China.
Source: YAHOO