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C A M B R I D G E I N D U S T R I A L T R U S T
A N N U A L R E P O R T 2 0 1 5
6.5
Outlook
Rents for business parks are expected to ease, with subdued business confidence and softening of office rents
due to oversupply. The influx of potential supply in 2016, which is about 1.6 million sq ft, is more than sufficient
to absorb two years of average annual demand of 0.83 million sq ft. 2016 is expected to be an opportune time
for companies to review their accommodation strategies and leverage on market conditions to upgrade to better
located quality space.
Limiting Conditions
Where it is stated in the report that information has been supplied to us in the preparation of this report by the
sources listed, this information is believed to be reliable and we will accept no responsibility if this should be
otherwise. All other information stated without being attributed directly to another party is obtained from our
searches of records, examination of documents or enquiries with relevant government authorities.
The forward statements in this report are based on our expectations and forecasts for the future. These statements
should be regarded as our assessment of the future, based on certain assumptions on variables which are subject
to changing conditions. Changes in any of these variables may significantly affect our forecasts.
Utmost care and due diligence has been taken in the preparation of this report. We believe that the contents are
accurate and our professional opinion and advice are based on prevailing market conditions as at the date of the
report. As market conditions do change, we reserve the right to update our opinion and forecasts based on the
latest market conditions.
DTZ gives no assurance that the forecasts and forward statements in this report will be achieved and undue
reliance should not be placed on them.
SINGAPORE INDUSTRIAL PROPERTY MARKET OVERVIEW
