Where should investors turn amid the global logistics boom?

SINGAPORE (Apr 20): As global growth takes off and technology reshapes the economies of Singapore and the rest of Southeast Asia, demand for logistics properties is shifting.

Not only is the volume of goods that need to be moved rising, but a growing proportion of this merchandise is headed directly to the doorsteps of customers instead of the shelves of big department stores, because of e-commerce.

In fact, reflecting the growing importance of e-commerce to Singapore’s economic growth, the Department of Statistics has just begun releasing data on online shopping trends. In February, online purchases topped $144.3 million and accounted for 3.9% of overall retail sales.

---

Related Stories

• Alibaba anoints new chief in revamp of stalling commerce arm
• S-REIT winners in the Centurion Club offer stable yields with some growth
• CDL sells 20% of Union Square Residences by end of Nov 9 at an average price of $3,200 psf

---