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Industrial property demand fuels real estate growth in 2024
Post-pandemic recovery and evolving market needs will drive significant growth in industrial and specialized real estate sectors in Southeast Asia.
Industrial property demand fuels real estate growth in 2024
Post-pandemic recovery and evolving market needs will drive significant growth in industrial and specialized real estate sectors in Southeast Asia.
Adelaide office sector records highest net absorption since 2008
Net absorption was at 37,500sqm in Q3.
Kuala Lumpur sees over 1,000 new residential units in Q3
These units were from two projects completed during the quarter.
Bangkok prime office rents inch up 0.3% in Q3
New completions drove the rise in gross rents.
Canberra office market registers negative demand in Q3
Net absorption hit -24,200 during the quarter.
Tokyo prime retail rents rise by 13.5% in Q3
Ground floor rents drove the growth during the quarter.
Bengaluru office space supply hits 2-year high in Q3
Supply grew by 133% compared to the prior quarter.
Brisbane CBD office vacancy rate hits record lows since 2019
The vacancy rate declined to 11.5%, the lowest since Q3 2019.
Office rents on Hong Kong Island slip 0.3% in October
Central saw the biggest fall of 0.5%.
Bangkok to see nearly 500,000sqm of new office supply in 2024
It’s an increase from the projected 345,000sqm of new supply for 2023.
Why Singapore’s business park vacancy remained high in Q3
The vacancy level in one region reached record highs since 2009.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
Indian office sector records highest net absorption of the year in Q3
Net absorption was at 8.3msf in Q3, the highest in 2023.
Hong Kong residential prices drop for fifth consecutive month
Prices declined by 1.7% in September.
Singapore strata industrial sales drop 7.1% to 380 transactions in Q3
Blame it on the multiple-user factory segment.
Warehouse segment drags Singapore’s Q3 industrial leasing demand
The leasing volume declined by 2.2% to 3,138 tenancies during the quarter.
What does the future look like for Thailand’s office property market?
Landlords are increasingly adopting the build-to-suit and ready-to-move-in models.