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.
Bangkok to see 6,900 new hotel rooms in the second half of 2021
Bangkok to see 6,900 new hotel rooms in the second half of 2021
The midscale segment will account for 42% of the new supply.
Hong Kong luxury residential rents to drop by up to 10% this year
Blame it on weak expat demand and their shrinking housing budgets.
Melbourne industrial leasing activity breaks records for second consecutive quarter
Industrial gross take-up hit 546,900 sqm in Q1.
Manila’s office vacancy rate hits 12-year highs in Q1
Vacancy rate reached 9.8% in Q1, the highest since 2009.
Kuala Lumpur office rents under persistent downward pressure
Rents and capital values are still under pressure as landlords drop asking rents.
Singapore’s 50% drop in private home launches in May just a temporary setback: JLL
New private home launches fell from 1,038 units in April to just 514 units in May.
Indonesian homebuyers still “extremely cautious” despite government incentives
There were no new projects launched in Q1 as developers focus more on selling existing ones.
Bangkok office vacancy to hit 10-year high by end-2021
Weak pre-commitments are expected to drive vacancies to reach 14.5% this year.
Guess which industries dominated New Delhi’s office leasing activity in Q1
Leasing activity is expected to gain momentum this year.
Malaysian prime residential's unsold rates drop for second consecutive quarter
Overall rates fell 17bps to 3.44% in Q1.
Vietnam’s Grade A office vacancy still tight at 9.5%
Vacancy increased 292bps compared to the same period last year.
Australian CBD office vacancies hit record highs since 1996
CBD office markets recorded 13.6% headline vacancies in Q1.
Philippine retailers struggling to rightsize as logistics takes off: JLL
This is following the rise of e-commerce-use amidst long lockdowns throughout the country.