News
Canberra to see over 72,000sqm of new office space this year
This will push vacancy rates upwards.
Bengaluru office leasing activity hits 3.1m sq ft in Q1
Nearly 40% of the activity is from the manufacturing and industrial industry.
Singapore strata industrial sales drop 21.8% to 319 transactions in Q1
This is the lowest sales figure since 2020.
Manila retail vacancy rate declines for the first time since 4Q22
The vacancy rate hit 7.5% in Q1.
Brisbane CBD office vacancy rate hits 5-year low of 11% in Q1
The vacancy rate dipped by 0.1 percentage points.
Five new hotels open in Bangkok in Q1
The hotels added over 1,100 rooms to the city’s supply.
Singapore private residential leasing volume underperforms 5-year average
The market declined by 2% YoY to 19,680 leases in Q1.
Jakarta serviced apartment supply to hit nearly 7,800 units by 2025
There are 7,074 units as of Q1 2024.
Tokyo Grade A office rents rise for the first time in four years
Rents inched up by 0.9% in Q1.
Singapore industrial leasing volume hits record lows since 2020
There were only 2,866 tenancies in Q1.
Adelaide office demand hits 11,000sqm in Q1
Thanks to the government’s expansionary activities.
Bangkok to see over 420,000sqm of new office supply this year
The vacancy rate could hit 24% by year-end.
Undersupply issues to persist in Sydney’s residential market
There are still no large-scale apartment projects being developed.
Jakarta office occupancy to reach 76% by year-end
The average occupancy rate in the CBD was at 74.7% in Q1.
Singapore warehouse rents to breach 5% growth this year
High quality storage spaces are expected to be in demand.
These countries will lead real estate investments in APAC this year
Japan is expected to be at the forefront of any recovery.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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Co-Written / Partner
The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
