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Delays and rising costs reduce pipeline of industrial and logistics space significantly, CBRE reveals

Construction delays and rising costs will slash the nation’s supply pipeline of new industrial and logistics space by about a quarter of expected levels this year. These bottlenecks had pushed back the development of about 600,000sqm of space across the ­nation’s five major cities, from 2.7 ­million square metres to 2.1 million square metres, according […]