Property Auction House executive director Danny Loh says industrial properties and vacant land in the commercial auction property sector saw a surge in demand in the third quarter of 2023, boosting overall rental growth and occupancy rates. “Many bidders were looking to convert these [industrial properties] into warehouses and central kitchens,” Loh tells City & Country in an email interview.

Maersk (Maersk) and Barry Callebaut Group, the world leading manufacturer of high-quality chocolate and cocoa products, have entered into a long-term partnership to build and operate a new Built-To-Suit cocoa bean warehousing and dispatching facility in Malaysia. A ground-breaking ceremony of this dedicated facility was held in Pasir Gudang, Malaysia on May 18, 2023.

Mapletree Logistics Trust (MLT) will snag three Grade A warehouses – one in Malaysia and two in Vietnam – for RM558.8 million (S$157.9 million) and 1.3 trillion Vietnamese dong (S$68.4 million) respectively, its manager announced on Feb 29.

ISKANDAR PUTERI: Port of Tanjung Pelepas (PTP), is now the fifth most efficient container port in the world. According to the recently published 2023 Container Port Performance Index (CPPI), PTP has risen from sixth place to the fifth ranked. PTP has also secured the top spot in the South-East Asia region.

Emergence of logistics industry creates a niche market for new facilities. In the ever-evolving landscape of the logistics industry, a distinctive market is emerging and its heartbeat resonates within the realm of cold storage facilities. The surge in demand for logistics services, particularly those requiring temperature-controlled environments, has propelled the creation of a specialised niche that is transforming the way goods are handled and transported.

Positioned as Pontian’s primary industrial hub, T Industrial Park will be home to the Alton Intelligent Super Factory, with a planned investment of RM2 billion in the coming years.

The Klang Valley industrial property segment has seen its fortunes blossom, thanks to the pandemic, which pushed the demand for such properties higher than expected.

PKT Logistics Group Sdn Bhd has announced its collaboration with Tesla to support the electric vehicle brand's logistics service in Malaysia.

CelcomDigi and DHL Supply Chain Malaysia recently unveiled the country’s first 5G-powered AI autonomous inventory management system.

ALP’s multi-tenant warehouse is scheduled to be ready by the third quarter of 2024. ALP is partnering with the Employees Provident Fund for this project.

DHL Supply Chain Southeast Asia chief executive officer Andries Retief said there is a global reshuffle of supply chains and Malaysia will benefit from it, especially in the manufacturing sector.