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Office space absorption in APAC to drop 41% over 2020
Absorption fell 56% QoQ to 0.48 million square metres in Q2.
Office space absorption in APAC to drop 41% over 2020
Absorption fell 56% QoQ to 0.48 million square metres in Q2.
APAC retail sector poised for sluggish recovery post-COVID
Retail rents are expected to fall sharply in major cities in APAC.
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Hong Kong home prices to drop 5% as unemployment reaches record highs
Knight Frank says there is a strong negative correlation between mass residential prices and unemployment.
Rental growth rate in Tokyo's prime office market at its lowest since 2016
Grade A office rents inched up by a mere 0.2% in Q2 2020.
Singapore strata office unit sales drop to a measly 79 in H1 2020
This translates to a total transacted value of S$272.2m, down 42.3% from S$471.4m in H2 2019.
Indian residential market to rebound within six months; Bengaluru and Chennai to lead the recovery
Demand for homes in the affordable and mid segments is expected to drive the market.
APAC office sector's net absorption hits decade-low in H1
It fell 34% to 16.3 million sq ft, no thanks to tenants cutting costs amidst the pandemic.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
But volumes have yet to hit 2008/09 lows.
APAC logistics rents to rise by around 3% this year
Strong warehouse demand from e-commerce platforms is driving robust leasing activity in APAC.
Tokyo residential rents slip 0.4% in Q2 after strong rental growth streak
This mild pullback could be the initial blow of a bearish multi-family leasing market, according to Savills.
Seoul's prime office vacancy rates decline, whilst rents increase in Q2
Vacancy rates stood at 6.9%, and rents inched up 1.6% YoY.
Build-to-Rent model gains traction in Australia with 8,000 units expected to be completed over five years
Savills reveals that Australia is closely following UK's decade-long Build-To Rent growth spurt. Accelerated by the emergence of COVID-19, new ways of living and working throughout Australia are emerging and growing in popularity, at a time when people are increasingly becoming isolated and craving connection.
Asian buyers shifting to holiday homes abroad in post-COVID purchases
Pre-COVID, Asian buyers were looking at investment returns when purchasing properties. Now they are interested in properties that can offer them lifestyle.
Tokyo rents and vacancies rise
Tokyo office rents rose both YoY and MoM but vacancy increased for the fifth straight month to 2.77%. By area, Minato saw the largest vacancy increase (to 3.52% from 2.33%) and Chiyoda saw the smallest increase (from 1.39% to 1.93%). Inside we provide additional details by area and comment on investment implications (for Tokyu Fudosan, Mitsubishi Estate, and Sumitomo Realty).
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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.
