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Sydney hotels' occupancy rates down to 66.6% in the year ending June 2020
The COVID shock was most apparent in April as occupancy dropped to 21.8%.
Sydney hotels' occupancy rates down to 66.6% in the year ending June 2020
The COVID shock was most apparent in April as occupancy dropped to 21.8%.
APAC office investment sales down 48% to USD21.6b in H1
But volumes rose 17% QoQ due to a pick-up in Shanghai, Beijing and Singapore.
New Delhi to post the highest office vacancy rate in APAC by end-2020
Delhi, Shanghai, Shenzhen and Chengdu will have vacancy rates in excess of 20%.
Hong Kong home sales down 12% to 6,133 in July
With the emergence of the third wave of COVID-19, the growth in mass residential capital values slowed to 0.2% m-o-m, compared to a 3.2% increase in the previous month.
Jakarta's Grade A office leasing activity to pick up from Q3: JLL
But net absorption is likely to be down YoY.
Asking rents for Kuala Lumpur's prime homes drop by up to 8%
Overall asking rents dropped marginally by 4.5% to MYR 3.42 per sq ft per month.
Hong Kong high street shop rents to decline by up to 40% in 2020
High street shop rents fell 10.1% in Q2 amidst the hiking vacancy pressures.
1 in 2 investors expect APAC real estate investment to recover in H1 2021
Japan, Australia, South Korea, and China likely to see more transactional activity into 2021.
Gross take-up of industrial spaces in Sydney hits record highs in Q2 amidst e-commerce boom
Sydney recorded a total of 476,300 sqm of gross take-up in 2Q20, more than six times higher than the 1Q20 total and more than twice the 10-year quarterly average.
Thailand's unsold rate for condos at its highest since 2011
The unsold rate hit 2.8% in Q2 as over 1,700 units remained unsold.
Office rents in Hong Kong, Sydney, Jakarta, Manila to decline by over 10% by end-2020
Weighted average APAC rents should fall 5% over 2020.
Hotel investment sales in Asia plummet 71.7% to US$1b in Q2
The most liquid markets were Japan and South Korea.
Tokyo residential rents to stay ‘flattish' as the economy recovers: Savills
Meanwhile, occupancy should hold at the lower end of the 96%-98% range.
New office supply in APAC up 12% YoY in Q2, driven by India and Melbourne CBD
Aggregate new supply in the 19 APAC cities that Colliers tracks closely reached about 1.42 million square metres in Q2 2020.
Philippine logistics demand to grow by 160,000sqm annually over the next 10 years
E-commerce firms and third-party logistics are driving the demand for high-specification spaces.
Singapore sees significant demand for larger flats in mature estates
Competition is tough for units in Ang Mo Kio and Geylang.
Rents for Singapore's high-spec industrial spaces decline for the first time in three years
Average monthly rent was down by 0.3% QoQ to S$3.48 per sq ft.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
