DTZ: Overall industrial rents up 1.0% in Nanjing in 2Q15 and up 6.5% y-o-y
According to DTZ’s Property Times, rents across the entire industrial market in Nanjing rose by 1.0% to CNY29.5/ square metre/ month over 2Q15. Rents are up 6.5% y-o-y. The growth was due to the warehouse market, where around 60,000 square metres of space was absorbed. Looking forward, DTZ expects that industrial rents will remain stable in Nanjing through 3Q15.
Source : July 2015/DTZ/Nanjing/IND