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.
Jakarta prime retail rents up 0.7% in 2021
Rents are likely to continue their recovery momentum this year.
Jakarta prime retail rents up 0.7% in 2021
Rents are likely to continue their recovery momentum this year.
New Delhi retail net absorption slumps 72% in 4Q21
Blame it on lack of new supply and low vacancy in quality malls.
Tokyo office rents still on a downtrend for nearly two years now
Office rents declined for the seventh consecutive quarter in 4Q21.
Around 6.5m sq ft of new Grade A office space expected in Mumbai this year
This is if construction activity is not slowed down by further restrictions.
Sydney industrial transaction volumes hit a record AUD1.32b in 4Q21
This is 161% higher than the 10-year quarterly average of AUD504.5m.
Manila retail net absorption hits 285,400sqm in 4Q21
This is the highest figure in the last six quarters.
Over 8 in 10 investors worried about intensified competition for APAC real estate assets this year
Majority of investors also expect increased capital deployment in the region.
Melbourne records positive office net absorption for third consecutive quarter
Melbourne CBD office saw net absorption of 12,700 sqm in 4Q21.
Seoul to see 1.5 million pyung of new logistics centres by end-2022
These will be concentrated in the South-east and the West sub-markets.
Jakarta Grade A office rents decline 8.1% for full-year 2021
Rent decreased 2.5% in the final quarter of the year.
The Philippines’ data centre capacity to triple in the next few years
Several facilities are expected to be built, which will expand the country’s current capacity of 96MW.
Brisbane’s office leasing market dominated by large occupiers
Tenants requiring over 1,000sqm accounted for 8,900 sqm of gross take-up in the CBD alone.
Delhi NCR to see 9.3m sq ft of new office space in 2022
This supply pipeline will largely be in the Gurgaon and Noida submarkets.
Hanoi Grade A office vacancy rate drops by 1.7% in 4Q21
Thanks to the strong demand for large spaces from the banking and tech sectors.
Adelaide office net absorption nearly hits 10-year high in 4Q21
The city recorded net absorption of 11,900 sqm during the quarter.
What to expect in Seoul’s Grade A office market this year
There is no new Grade A office supply scheduled for completion in the coming year.
Korean office transactions reach over US$14b in 2021
It exceeded the US$13.6b worth of transactions in 2020.
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1. APAC prime office rents drop for the seventh consecutive quarter 2. Singapore office vacancy rate hits record low in over 7 years 3. Singapore private home price hike slows to 1.4% in Q1 4. Australia transaction volumes at decade lows over the past year 5. Singapore Q1 private home transactions down 2.4% to 4,230 unitsResource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
