Commercial Retail
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m.
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Robust demand to drive Singapore retail rents for the remainder of 2023
Thanks to the ongoing tourism recovery.
Manila retail store closures drop by 29% in Q2
Almost a quarter of closures were by F&B brands.
Seoul shopping mall rents inch up 0.8% in Q2
High street rents also slightly increased by 0.6%.
Sydney CBD retail rents drop by nearly 10% in Q2
This is the largest rental movement in this subsector.
These were the new retail openings in Tokyo in Q2
Luxury brands continue to drive demand for prime spaces.
Melbourne to add 58,500sqm of new retail space in H2
This consists primarily of neighbourhood centres.
Adelaide to see one of the largest new retail supply wave in its history
Nearly 62,000sqm of retail space is currently under construction.
Bangkok records 21,600sqm retail net absorption in Q2
Thanks to the inflow of new tenants in existing retail spaces.
Hanoi city centre retail rents to grow by 4% this year
And city fringe retail rents are projected to grow by 3.1%.
These two projects will add nearly 60,000sqm to Ho Chi Minh City’s retail market
Both are seeing strong early leasing activities.
This 4-storey suburban mall recently opened in Malaysia
It has achieved 70% occupancy so far.
Why Mumbai’s retail market is expected to remain buoyant
Rents are expected to keep growing for the rest of the year.
These are the international retailers set to enter India soon
And some domestic brands also plan on expanding their presence.
Hong Kong prime shopping centre vacancy drops to 6% in Q2
And high street shop vacancy declined to 13.7%.
How experiential retail is transforming Jakarta malls
Interactive art exhibitions are now becoming popular.