Commercial Retail
What does the future look like for Singapore’s retail property market?
The worst is already behind us, but rents won’t start picking up until 2022.
What does the future look like for Singapore’s retail property market?
The worst is already behind us, but rents won’t start picking up until 2022.
Retail rents in Hanoi’s CBD inch up 1.1% in Q2
Thanks to foreign luxury brands’ resilience amidst the pandemic.
Bangkok prime retail rents slip as downward pressure persists
Prime gross rents declined by almost 3% in Q2.
Melbourne’s neighbourhood, large-format retail assets outperform other subsectors
Investors prefer these assets due to their stable earnings.
Seoul’s shopping mall rents up 2.4% in Q2
Prime high street rents slipped 0.3% in the same period.
Singapore's retail vacancy rate hits record highs in the Central Area
Major retailers such as Naiise, Dimbulah Coffee and Manekineko had to shut down their stores.
Sydney CBD retail rents see biggest drop of 11% in Q2
Rents in regional and sub-regional areas fell 5.4% and 2%, respectively.
Manila's retail vacancy rate of 7.7% breaches previous record
Manila hit a new 15-year record in Q2 as it overtook the 7% vacancy rate recorded in Q1.
How Hong Kong’s pivot to online shopping impacts physical retail stores
Online transactions surged 54.9% in the first half of 2021.
Singapore retail transaction volumes down 78.3% to US$420m in H1
Notable deals include Fraser Centrepoint Trust’s sale of YewTee Point for SGD220m.
Why 4 in 10 retailers press on with real estate expansion plans in Singapore
Retailers want to capture customers in large residential catchments.
APAC retail rents won’t stabilise until 2022
Hong Kong is expected to lead rental growth in the region this year.
Singapore retail industry’s ‘recalibration’ bolstered by the pandemic
New brands opened concept and flagship stores as several brands exited the industry.
India’s retail property market sees bright spot in New Delhi’s main streets
Several new retail stores opened during Q2, as well as 10 new showrooms for Tata Motors.
Bangkok’s prime retail occupancy rates nearly hit pre-pandemic levels
Average occupancy rate was 98.7% in Q2 2021, almost the same level of 99.1% in Q1 2020.
Kuala Lumpur to see 13 new malls over the next three years
This translates to at least 8.9m sq ft of NLA, and more than half will be completed this year.
India’s retail properties see renewed interest from private equity investors
The sector accounted for the second highest share (33%) of investment inflows in Q2 2021.