Commercial Retail

26 Feb 21
Retail rents in Singapore declined 2.5% on average in H2 2020.
25 Feb 21
High street retail rents declined by as much as 27.9% in 2020.
8 Feb 21
With most rental waivers coming to an end, developers and landlords mull over a way forward.
2 Feb 21
Prime retail rents of suburban malls posted the least decline of 7.7% in Q4 2020.
28 Jan 21
New completion of ~850,000 sq ft brings Klang Valley’s cumulative retail space supply to 62.44m sq ft.
27 Jan 21
The retail sector will likely be the first to recover.
13 Jan 21
Many F&B and fashion tenants have either closed or reduced leased areas.
13 Jan 21
But beyond F&B, activity levels are very low and the retail market remains frozen.
11 Jan 21
They are now closer to the working population as work-from-home arrangements continue.
29 Dec 20
This is based on the optimistic outlook for local consumption.
28 Dec 20
China is forecast to overtake the US as the world’s largest economy by mid-2030.
28 Dec 20
Net absorption worsened to -41,500 sqm in Q3.
28 Dec 20
Meanwhile, yields were 4.5% for shopping malls.
28 Dec 20
Rents averaged JPY 74,052 per tsubo per month.
28 Dec 20
The average retail vacancy rate is expected to increase further by year-end.
22 Dec 20
Rents have compressed the past two quarters.
22 Dec 20
The second wave of COVID led to project completion delays.
22 Dec 20
Some tenants have been forced to close due to COVID.
19 Dec 20
Underperforming stores have shut their doors during the pandemic.
17 Dec 20
This will force them to rethink their business strategies and redefine performance metrics.
9 Dec 20
The region accounted for 38.9% of store openings in the year to date.
9 Dec 20
Incorporating mixed-use offerings such as office and education into a retail precinct is one way.
3 Dec 20
The APAC retail rental index contracted for the fourth straight quarter.
3 Dec 20
Prime street shop rents fell by 2% QoQ while shopping centre rents dropped marginally by 0.8%.
1 Dec 20
Woolworths’ strategy reinforces the importance of retail real estate in the supply chain, whilst Coles’ benefits the industrial sector...
1 Dec 20
Average rents by 8.2% year-on-year.
30 Nov 20
Check out counters and in-store inventory storage may become obsolete.
28 Nov 20
Department store rationalisation will significantly contribute to rising vacancy and falling rents.
28 Nov 20
And monthly prime rents for the Orchard Area fell for a third consecutive quarter to S$25.50 psf.
28 Nov 20
Monthly rents stayed at USD 79.4 per sqm in the CBD, and USD 38.5 per sqm in non-CBD areas.
28 Nov 20
The social and economic implications of COVID-19 will force the segment to reimagine flexibility.
26 Nov 20
Rents now stand at JPY22,433 per tsubo.
25 Nov 20
The percentage of online retail sales fell sharply from 24.9% in May 2020 to a monthly average of 10.9% in Q3.
19 Nov 20
Prime street rents are expected to continue to face heavy downward pressure for the rest of 2020.
30 Oct 20
CBRE advises landlords to rethink their sales model to use technology as a tool to complement the sales at its malls.
30 Oct 20
But rents in the suburban regions won’t decline by more than 7.5%.
26 Oct 20
It could translate into the demand for retail shops, warehouses and cold chain logistics in the city.
18 Oct 20
The decline was led by the 11% drop in rents in Orchard.
18 Oct 20
But analysts expect a slight rebound in leasing activity in Q4.
25 Sep 20
Initial yield has softened only 15 basis points to 5.87% on total sales volume of $126m from February to August 2020.