Commercial Retail
Bengaluru Q1 retail leasing volume dominated by main streets
Overall leasing volume declined by 10% during the quarter.
Bengaluru Q1 retail leasing volume dominated by main streets
Overall leasing volume declined by 10% during the quarter.
Hong Kong high-street rents record fastest growth in two years
Shop rents grew by 2.7% in Q1 2024.
Hong Kong retail market not yet out of the woods: Knight Frank
But the leasing market is showing signs of gradual recovery.
Singapore Orchard Road retail rents to rise by up to 5% this year
Meanwhile, average rents in the suburbs are forecast to remain stable.
Singapore to see over 3.4m sq ft of retail space until 2027
That equates to over 800,000sq ft of new space annually.
Singapore retail vacancy hits record lows since 2014
The vacancy rate was at 6.5% in Q4.
Kuala Lumpur’s pipeline to be dominated by suburban malls
Over 3 million sq ft of new stock is expected to come from the suburban market.
Perth to see 16,800sqm of new retail supply by 2025
This is from two major developments.
These are the recent additions to Tokyo’s retail stock
Two projects were completed in Q4, and another two commenced construction.
Why Mumbai’s retail market is expected to remain buoyant
Premium malls are expanding and demand remains healthy.
Jakarta prime retail supply expected to be ‘scarce’: JLL
Though there is a notable new mall slated to open in the first half of 2024.
What was the only retail district in Seoul to record a rent decline in Q4?
Rents in this district slipped 0.5%.
Manila retail store openings exceed closures during the peak season
Store openings grew by over 50% in Q4.
Four new shopping malls to enter Bengaluru’s retail market in 2024
These are equivalent to over 1 million sq ft of space.
Adelaide to welcome over 32,000sqm retail supply in the next 24 months
The latest project will be completed by Q4 2025.
Delhi to see nearly 4 million sq ft of new prime retail space this year
A majority of the developments are in the suburbs.
Ho Chi Minh City retail absorption hits 35,600sqm in Q4
Find out what the notable transactions were during the quarter.