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.
What’s driving retail space demand in Ho Chi Minh City?
What’s driving retail space demand in Ho Chi Minh City?
Net absorption reached 14,000sqm in Q1.
Manila prime retail market plagued by pull-outs in Q1
As a result, net absorption reached -7,300sqm during the quarter.
Tokyo retail rental decline slows down in Q1
Rents slipped for the eighth consecutive quarter to reach JPY 73,233 per tsubo per month in Q1.
Singapore prime residential prices up 0.6% in Q1
Typical prime non-landed residential prices also inched up 0.9%.
Adelaide annual industrial supply to exceed 100,000sqm for three years in a row
The last time this happened was in 2005-2007.
What were the most active tenants in Jakarta’s prime retail property market?
Prime malls saw more of these two types of tenants in the quarter.
Tokyo industrial vacancy rate hits 3% for the first time in almost 3 years
New completions are driving vacancy rates up.
Bangkok prime retail vacancy rate up 58bps to 5.5% in Q1
The ongoing renovations in some malls lifted vacancy during the quarter.
Hong Kong to have 2.3m sq ft of new retail space supply this year
The 11 SKIES project added 1.1m sq ft of new space in Q1.
Adelaide office vacancy rate hits record low in over two years
Headline vacancy dropped to 14.6% in Q1.
How did Perth’s industrial property market fare in Q1?
Demand was muted with just 11,400sqm of gross take-up during the quarter.
New Delhi prime retail net absorption drops 12% in Q1
There were no new malls that opened during the quarter.
Hanoi retail rents inch up 1.3% in Q1
Rents of prime malls in the City Centre hit USD 64.2 per sqm per month.
Osaka gross office rents slip 0.7% in Q1
Rents hit an average of JPY 23,057 per tsubo per month.
Sydney industrial take-up above 10-year quarterly average for eighth consecutive quarter
Occupier activity totalled 230,800sqm in Q1.
Seoul overall industrial rents up 0.2% in Q1
Rents in all submarkets, except the West submarket, increased during the quarter.
Mumbai to see 6m sq ft of new office space this year
There was a total of 2m sq ft of new supply added in Q1 alone.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
