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.
Canberra records over AUD250m office transactions in Q3 2021
Canberra records over AUD250m office transactions in Q3 2021
The largest sale was worth nearly AUD100m.
Brisbane office vacancy declines for the first time since 4Q19
Vacancy rate fell to 15.8% in the CBD in Q3 2021.
Office vacancies in Kuala Lumpur slated to reach record highs
Blame it on significant increase in supply coming in the next quarters.
Sydney records robust office supply pipeline with 21 projects underway
These projects will yield 396,900sqm of office space.
Seoul office investment volumes hit nearly USD3.3b in Q3
Seoul's cap rate dipped 10bps to 3.8% in the same quarter.
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.
Tokyo office vacancy rate hits a record 3.1% in Q3
This is the first time the vacancy rate exceeded 3% since 2017.
Jakarta Grade A office rents down 2.2% in Q3
There are still massive discounts available for tenants.
APAC office leasing volumes finally returning to pre-pandemic levels
Leasing volumes increased 25% in Q3.
Australian property investors turn to alternative sectors
The ‘hunt for yield’ is motivating them to look beyond the traditional markets.
Hong Kong overall office rents slip 0.5% in Q3
But rents in Central inched up 0.6%.
Vietnam Grade A office rents slip 0.25% in Q3
But rents were mostly resilient during the quarter.
New Delhi office net absorption surges 131% to 1.41m sq ft in Q3
All thanks to solid precommitment in new office buildings.
Taipei office rents to grow by 2-3% in 2022
There are no major projects in the pipeline until 2023.
This record-breaking US$2.6b deal revived Japan’s office investment market
It is the country’s largest ever property sales transaction.
Modern logistics spaces to include gyms, childcare centres
Wellness amenities will be seen in more industrial spaces in hopes of attracting talent.
Primary sales dominate Hong Kong’s office investment market
One transaction amounted to around HKD1.19b.
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1. Kuala Lumpur to add 3,180 new hotel rooms in 2025 2. Guess which three APAC cities made it to the global list of top 10 prime office costs in Q4 3. Hong Kong mass and luxury residential capital values to drop by 5% this year 4. Singapore residential leasing volume drops 24.2% to 19,733 units in Q4 5. Singapore non-landed home rental index rises for second straight quarterResource Center
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
