Knight Frank Malaysia capital markets executive director Allan Sim.
PETALING JAYA (Feb 16): Emerging opportunities for industrial real estate in Asia-Pacific, particularly in port infrastructure, have changed the overall landscape, according to Knight Frank.
In its latest report New Frontiers Regions of Opportunities: Infrastructure Impact on Industrial and E-Commerce and Supply Chain Evolution’s Impact on Industrial Real Estate , the consultancy firm highlights the opportunities in the sector amid the Covid-19 pandemic.
Knight Frank Malaysia capital markets executive director Allan Sim said in a press release: “The pandemic has accelerated the adoption of online retailing across selected key markets in Asia-Pacific, with the average online penetration growth estimated at 14% in 2020. Malaysia’s online retail growth of 17% during the year, the third highest among the countries reviewed, only translates to a country online penetration of 5%. Hence, there is much potential