Commercial Retail
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
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.
Indian retail landlords refuse to offer rental waivers amidst pandemic woes
But retailers are still negotiating revenue sharing arrangements with developers.
Singapore retail rents declining at a ‘glacial pace’: Knight Frank
Rents fell 12.9% to S$26.60 per square foot per month in Q1.
Don’t be fooled by Singapore retail sector’s improving demand indicators
The sector’s recovery won’t start until 2022.
RSP sees greener ways of unlocking new value for development
Not only does it rejuvenate the development, it also preserves the memories people have of the place.
Here’s why Korean retail yields will remain stable till 2025
Retail mall stock per capita is low in Korea relative to its global peers.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
