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Active Industrial & Logistics Market, Rental Rates Increased

Published by
The Bangkok Post

•Investor sentiment around the Thai industrial market is rebounding after the COVID-19 pandemic •Demand is exceeding supply for Serviced Industrial Land Plots (SILPs), driving up rents and asking prices •The logistics market continued to grow at a steady pace in Q1, with average land price increasing to THB6.79 million per Rai, up from THB6.58 million per Rai in Q4 2021. Thailand’s logistics market continued to grow at a steady pace in 1Q 2022. Leasing activity in Ready Built Factories (RBFs), and Ready Built Warehouses (RBWs) remained active, driven by the growing demand for logistics propert…

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