Commercial Retail
Jakarta’s retail supply to rise 2.5% annually till 2025
By the end of 2021, total retail supply will reach 2.91 million sq m.
Jakarta’s retail supply to rise 2.5% annually till 2025
By the end of 2021, total retail supply will reach 2.91 million sq m.
Hong Kong retail rents finally stabilise after 18 months of decline
Rents in prime street shop and major shopping centre segments increased 0.3% and 1.2%, respectively.
Singapore prime retail rents down 11% as tourists remain non-existent
Island-wide rents declined 9.3% to S$26.20 per square foot per month in Q2.
Hong Kong high-street rents to fall by 3% this year
This is a huge improvement from the 28% drop recorded in 2020.
Cambodia real estate takes sharp turn in H1
An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
Banks are now occupying large duplex stores.
Melbourne retail completions to stay at historically low levels till 2025
Completion levels are expected to drop 38% in 2021.
Manila retail vacancy rate reaches 15-year high of 7% as store closures persist
This is the highest recorded vacancy rate since 2006.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
F&B retailers drive Jakarta’s positive net demand in Q1
Several businesses opened new stores during the quarter.
APAC retail rents slip 0.4% in Q1
It’s a slower rate than the 2.1% drop recorded in the previous quarter.
APAC retail leasing demand bolstered by rise of new energy vehicles
NEV brands are looking for space in markets such as Tokyo and Seoul.
Philippine retailers struggling to rightsize as logistics takes off: JLL
This is following the rise of e-commerce-use amidst long lockdowns throughout the country.
Reshuffling of prime shopping street tenants in Hong Kong still ongoing
Hang Seng Bank recently took over a space previously occupied by Adidas.
Will Central Hong Kong bid farewell to luxury retailers for good?
Discount retailers are now bumping luxury shops from Central Hong Kong.
Not everybody can win in Thai real estate: Savills
Discounts and promos played a major part in keeping the market steady.
Project delays leave Jakarta’s total retail space stuck at 2.84sqm
Three malls are slated to open sometime this year.
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1. APAC office demand surges to 2.2m sqm in Q3 2. Singapore private residential vacant stock grows by 18.8% in Q3 3. Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024 4. Singapore CBD Grade A office demand could remain weak until 2026 5. Australian CBD markets record mixed signals for office demand in Q3Resource Center
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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.
