Up to Q3 Net Absorption recorded 3.9 Million Sq. ft., 14% higher than the total reported in 2019.
- The average lease asking price is US 4 68 per sq. ft. per year, which has remained stable over the last two years.
- Completion in Q 3 2020 recorded 1 8 million sq. ft. as 7 new buildings were added to the stock.
- Construction registered 3 3 million sq. ft. a decrease of 34 against the first quarter of the year this is due to new buildings being delivered, since only in the last two quarters more than 3.1 million sq. ft. of new supply has been completed.