The demand for storage of commodities and art is providing a much-needed boost for Hong Kong’s logistics properties, where recovery has lagged behind other commercial real estate segments.
New demand from the London Metal Exchange’s (LME) inclusion of Hong Kong in the exchange’s global warehousing network is helping the segment, where 11 licences have been issued to warehouse operators in the city.
“New space is being taken from that angle and that’s around 30,000 sq ft to 100,000 sq ft per…
Source : South China Morning Post
Read more…Hong Kong’s warehouses find support from demand to store metals and art















