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.
Seoul office net absorption still on a positive streak for 11 consecutive quarters
Seoul office net absorption still on a positive streak for 11 consecutive quarters
The city’s Q4 net absorption was at 14,800 pyeong.
Adelaide hits highest quarterly industrial take up in 12 months
Leasing activity reached nearly 44,000sqm in Q4 2022.
Ho Chi Minh City’s residential sales suffer as investor-buyers turn cautious
Only 171 prime units were sold in the last quarter of 2022.
Delhi’s industrial Grade A supply to increase at 15% CAGR from till 2026
There is almost 50 million sq ft of new supply lined up in the next three years.
Mumbai to see nearly 8m sq ft of new office space this year
Supply is expected to outpace demand by the end of the year.
Osaka’s new office stock up 7% in 2022
A total of 130,000sqm was added to the market last year.
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Tokyo industrial sector’s net absorption hits over 2 million sqm in 2022
It was very close to 2019 absorption levels.
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Transaction volumes hit AUD 745.9 million in Q4 2022.
Perth industrial takeup hits 228,600sqm over the last year
This is more than the 10-year average of 205,000sqm.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Seoul’s Q4 industrial vacancy rate at its highest since 2020
The vacancy rate was at 8.2%.
Nearly 8 in 10 investors say pricing uncertainty impacts APAC capital deployments the most
And 70% believe unpredictable interest rates will significantly affect investment decisions.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
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1. 8M Real Estate makes first move into suburban projects 2. APAC real estate investment volume hits USD39.5b in Q3 3. Bengaluru gross office leasing volume hits record highs in YTD Sep 4. Only these two cities recorded Q3 office rental growth in Southeast Asia 5. Hong Kong office rents to decline by up to 5% this yearResource Center
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