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Industrial rents continue to grow
Despite a weaker manufacturing sector, average rents for hi-tech industrial space increased q-o-q in 1Q2013, while rents for conventional industrial space and business parks remained steady, says property consultancy DTZ in its quarterly report on industrial properties. Hi-tech industrial rents rose 3.3% to $3.10 psf per month in 1Q2013, after two quarters of flat growth.
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