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.
Manila’s residential vacancy rate declines to 7.5% in Q3
It declined by 117.4 bps vs the previous quarter.
These were the notable hotel openings in Kuala Lumpur
A total of 1,350 rooms entered the market so far in 2022.
Bengaluru prime residential sales drop 13% in Q3
There were also few launches in the quarter.
Melbourne industrial completions up 32% to 288,200sqm in Q3
There were a total of 16 projects completed during the quarter.
Bangkok residential market unsold rate rises to 5% in Q3
This is equivalent to 3,573 units.
Brisbane’s Q3 residential rents increase 8%
The median rent for a 2-bed unit is AUD540 per week.
Demand for high-end homes in Delhi grows by 18% in Q3
Over 60% of the sales were from Gurgaon.
Why there is limited hotel supply growth in Seoul
Most of the new supply is slated to enter destinations such as Busan and Jeju.
Guess how many hotel rooms opened in Singapore in the first nine months of 2022?
They were all part of reopening/rebranding projects.
Perth records strongest industrial takeup since 2015
Takeup reached over 120,000 sqm in Q3.
Bangkok to see 68,000sqm of new prime grade retail stock by end-2022
That is if two projects are completed as scheduled.
Sydney’s 2023 retail pipeline dominated by neighbourhood centres
Over 60% of the new additions will be from this segment.
Here’s a rundown of Mumbai retail property market’s Q3 performance
Net absorption was at 14,800 sq ft during the quarter.
Brisbane sees six new industrial projects in Q3
The projects added a total of 82,300sqm of new space.
Manila retail net absorption drops to -9,900sqm in Q3
Over a quarter of move-outs were by F&B operators.
Hanoi to add 19,247sqm of new office supply by Q4
And rents are expected to grow by 1.2%.