{"id":150154,"date":"2018-01-31T01:48:05","date_gmt":"2018-01-31T06:48:05","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=150154"},"modified":"2018-01-31T01:48:05","modified_gmt":"2018-01-31T06:48:05","slug":"rising-retail-trade-boosts-industrial-market-demand","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/31\/rising-retail-trade-boosts-industrial-market-demand\/","title":{"rendered":"Rising retail trade boosts industrial market demand"},"content":{"rendered":"<p><figure id=\"attachment_85358\" aria-describedby=\"caption-attachment-85358\" style=\"width: 800px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/Forex_01.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-85358\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/Forex_01.png\" alt=\"In a briefing Tuesday, Salvador said retail trade continued to drive the industry while being supported by growth in manufacturing and real estate. (Photo by Allan Ajifo [CC BY 2.0 (Photo By Allan Ajifo [CC BY 2.0)\" width=\"800\" height=\"600\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/Forex_01.png 800w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/Forex_01-300x225.png 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/Forex_01-768x576.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption id=\"caption-attachment-85358\" class=\"wp-caption-text\">In a briefing Tuesday, Salvador said retail trade continued to drive the industry while being supported by growth in manufacturing and real estate. (Photo by Allan Ajifo [CC BY 2.0 (Photo By Allan Ajifo [CC BY 2.0)<\/figcaption><\/figure>MANILA \u2014 The rising retail trade has been boosting demand in industrial space in the country, Santos Knight Frank Associate Director for Investment and Capital Markets Kash Salvador said.<\/p>\n<p>In a briefing Tuesday, Salvador said retail trade continued to drive the industry while being supported by growth in manufacturing and real estate.<\/p>\n<p>He noted that locators were aggressively looking for vacant industrial spaces for their expansion.<\/p>\n<p>However, available supply of space in economic zones and industrial parks has remained limited.<\/p>\n<p>Most of the economic zones and industrial parks in the country are located in Cavite, Laguna, Batangas, Rizal, and Quezon, or Calabarzon area.<\/p>\n<p>But Salvador noted that despite the limited available space for the industrial market, lease rates for lot and standard factor buildings (SFB) remained competitive.<\/p>\n<p>In Calabarzon, monthly lease rates for lot only range from PHP75 to PHP135 per square meter while SFB rates from PHP180 to PHP260 per square meter.<\/p>\n<p>In Clark Freeport Zone, monthly rent for lot ranges from PHP30 to PHP110 per square meter a month while SFB rates from PHP130 to PHP220 per square meter a month.<\/p>\n<p>Rates in Subic Bay Freeport also play in almost the same range from PHP25 to PHP115 per square meter a month for lot and from PHP120 to PHP260 per square meter for monthly rate of SFB.<\/p>\n<p>Salvador noted that future demands of locators include more efficient space and closer to distribution channels with the expected rise in fuel prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2014 The rising retail trade has been boosting demand in industrial space in the country, Santos Knight Frank Associate &hellip;<\/p>\n","protected":false},"author":33,"featured_media":85358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[45347,45346],"class_list":["post-150154","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-capital-markets-kash-salvador","tag-santos-knight-frank-associate-director-for-investment","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/150154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=150154"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/150154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/85358"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=150154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=150154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=150154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}