The industrial property market on the mainland is likely to be supported in the year ahead by relocations aimed at cutting operating costs, and commitments from foreign manufacturers to expand before the current global economic downturn got under way, according to analysts.

Demand for quality warehouses and purpose-built workshops was also expected to remain robust despite uncertainty in the market, said Lee Hing-yin, a director for research and advisory at Colliers International East China division.

South China Morning Post