Mead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix WongMead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix Wong
Mead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix Wong

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

Topic |   Hong Kong property
Mead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix WongMead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix Wong
Mead Johnson's warehouse at the Hutchison Logistics Centre in Kwai Chung on 25 January 2013. Photo: Felix Wong
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