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.
Adelaide office absorption breaches 10-year quarterly average
Adelaide office absorption breaches 10-year quarterly average
Net absorption hit 3,500sqm in Q4 2024.
Tokyo retail rents rise for 11th straight quarter in Q4
Rents increased by 12.2% YoY during the quarter.
Brisbane CBD office absorption hits 16,300sqm in Q4
Thanks to large tenant movements from various industries.
APAC 2024 commercial real estate investment volume breaches 2022 levels
Total investment in the region increased by 23% to $131.3 billion in 2024.
APAC commercial real estate investments up 23% in 2024
Q4 volumes reached $34.9b, a 10% YoY increase.
Singapore CBD office vacancy rate falls to 6.9% in Q4
Meanwhile, office rents grew by 2.4% for the full-year 2024.
Mumbai cumulative office supply to reach 14-15m sq ft in the next two years
Vacancy rates are expected to be within range.
Sydney’s 2025 retail completions to be 33% higher than 2024 totals
A total of 22,500sqm of new retail space entered the market in Q3.
Osaka to see rising office vacancy rates until Q3 2025
And rents are expected to decline gradually.
Mumbai high-end apartment demand to remain strong
Prices are expected to increase in the coming quarters.
Melbourne office demand to turn positive by late 2025
Space rationalisation is likely to continue.
Seoul new industrial completions hit 3-year low
Only four centres were completed in Q3 2024.Seoul’s challenging project financing market remained prominent. According to a JLL report, in Q3 2024, only four centres were completed, which was fewer than initially speculated. In terms of area, this represented the lowest level in nine quarters, and in terms of number, the fewest in three years.
Manila residential vacancy rate inches up to 7.2% in Q3
Newly turned-over units pushed vacancy upwards.
Tokyo prime industrial supply grows by 11% in Q3
Six new facilities entered the market during the quarter.
Perth to see 10 new industrial developments by end-2027
These projects will yield over 111,00sqm of new stock.
Manila new office supply to reach 170,000sqm in 2025
Altaire Tower is expected to be completed in Q1 next year.
New Jakarta luxury condominium project enters the market in Q3
It added 335 units to the city’s current stock.
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1. Kuala Lumpur to add 3,180 new hotel rooms in 2025 2. APAC cities lead global luxury residential price growth 3. Sydney to add 1,173 hotel rooms to existing stock 4. Singapore new retail supply to reach over 1.2m sq ft in 2028 5. Sydney prime residential prices to rise by 4% to 5.9% in 2025Resource Center
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
