Vacancy in Hong Kong’s storage facilities, warehouses and logistics real estate may double as retailers end leases, slash stock

• An estimated 102,000 square metres (1.098 million square feet) of marketable space is set to return to the leasing market this year when their leases expire, JLL said
• That takes the logistics property sector’s overall vacancy rate to 3 per cent this year, compared with 1.6 per cent in 2019