Industrial land development establishments service land and subdivide real property into lots, for subsequent sale to builders. Servicing of land may include excavation work for installation of roads and utility lines.
The global industrial land market was valued at $24.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $17.1 billion or 69.5% of the global market. China was the largest country accounting for $11.3 billion or 46.0% of the global industrial land market.
With the exponential expansion of industrial land, architects are designing inventory space vertically which would increase the utilization of the land without increasing its physical footprint.
Companies Covered: Opus Group, ProLogis, Panattoni Development Co., IDI, Duke Realty Corp.
Market Segments Included: Industrial Developments; Other Developments and Industrial Land Planning
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