JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
Over 3 in 5 office buildings in Bangkok are “ageing”: JLL
Over 3 in 5 office buildings in Bangkok are “ageing”: JLL
These are buildings built before 2002.
Kuala Lumpur to see over 2,200 new hotel keys this year
One of the key openings will be the 527-room Parkroyal Collection.
Serviced apartments to account for 41% of new hotel rooms in Jakarta
Approximately 1,550 new rooms will enter the market this year.
Why Delhi NCR’s office sector is attracting more institutional investments
There was a total inflow of USD169 million in 2021.
Sydney hotel occupancy improves to 40.5% in Q1
Occupancy was at 37.4% in the same period last year.
Bangkok to see almost 30 new hotels this year
This equates to 7,000 keys.
Japan, SG and HK top Asian markets in Global Real Estate Transparency Index
Japan ranked 12th most transparent market globally.
Demand for luxury apartments in Delhi surges 114% in Q1
A majority of the sales were from Gurgaon.
Melbourne retail completions to jump 76% in 2023
But completions will still be below historical levels till 2025.
Manila residential vacancy rate declines 50bps to 9.4% in Q1
Thanks to local professionals’ activation of leases.
Hong Kong luxury residential rents to decline by up to 5% this year
The lacklustre activity recently does not bode well for the market.
Sydney’s retail space completion at its lowest levels in two years
There was only 15,700sqm worth of retail space completed in Q1.
Mumbai retail rents inch up 0.4% in Q1
Net absorption was at 301,600 sq ft in the same period.
This mall alone contributed 889,100 sq ft to Kuala Lumpur’s retail stock
Vacancy rates in the City Centre submarket increased slightly to 17.5% in Q1.
Perth’s retail supply pipeline remains elevated amidst uncertainties
Plans for seven new projects yielding 89,300sqm have been approved.
Bangkok unsold condo inventory down to 3,348 units
The unsold market inventory dropped to 4.8% in Q1.
Mumbai prime residential launches up 18.8% to 1,042 units in Q1
South Central Mumbai accounted for 40.4% of all new launches.
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1. Kuala Lumpur to add 3,180 new hotel rooms in 2025 2. Guess which three APAC cities made it to the global list of top 10 prime office costs in Q4 3. Hong Kong mass and luxury residential capital values to drop by 5% this year 4. Singapore non-landed home rental index rises for second straight quarter 5. Singapore residential leasing volume drops 24.2% to 19,733 units in Q4Resource Center
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
