The mainland's surging e-commerce business is predicted to exceed US$1 trillion by 2020, becoming the world's largest. Photo: Bloomberg

E-commerce boom to drive up prices of warehouses, logistic properties: analysts

Mainland online sales boom is pushing up demand for warehouse space, but higher rents are forcing companies to look further afield

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The mainland's surging e-commerce business is predicted to exceed US$1 trillion by 2020, becoming the world's largest. Photo: Bloomberg
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