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.
Half of incoming rooms in Jakarta this year are from serviced apartments
Half of incoming rooms in Jakarta this year are from serviced apartments
Six lodging facilities are expected to open before the year ends.
Kuala Lumpur to see over 3m sq ft of new office supply by 2023
Vacancy rates are likely to remain elevated.
Retail rents in Ho Chi Minh City breach pre-pandemic levels
Rents grew 1.1% to USD 79.1 per sqm per month across the city.
Myeongdong retail vacancy rate surges to 42.1% as Zara exits
Vacancy rates in Seoul increased during Q3.
Bangkok welcomes three new luxury hotels in Q3 alone
These properties account for a total of 518 keys.
Mumbai prime residential launches rise 23.4% to 3,755 units in Q3
Eastern Suburbs I accounted for 31.5% of the launches.
Tokyo retail rents increase for the second consecutive quarter
Rents grew 1.6% in Q3.
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.
Most Read
1. Singapore is the priciest flex office market in APAC 2. China new home sales are set to fall as values drop to 7-8% 3. Mumbai to see 1.9m sq ft of new premium retail stock over the next four years 4. Mumbai gross office leasing hits 2.44m sq ft in Q3 5. Around 5,000 new prime apartments to enter the Ho Chi Minh City market in 2025Resource Center
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