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.
Seoul new industrial completions hit 3-year low
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.
Retailers expand amidst slow consumer spending
Shop owners are getting the best units in the most prime locations amidst thin supply.
Mumbai premium retail stock to grow by 2.75m sq ft between 2024 and 2028
Analysts expect the retail market to remain buoyant.
Hong Kong office rents to drop by 5-10% for full-year 2024
Rents are expected to decline by up to 5% in Q4.
Delhi net office absorption to increase by 6% to 7.5m sq ft by year-end
Net absorption was at 1.9m sq ft in Q3 alone.According to a JLL report, premium office locations and high-quality buildings supported by institutional owners are anticipated to see increased leasing activity and rents.
What was the largest retail transaction in Perth in Q3?
It was a deal worth AUD420 million.
Ho Chi Minh City to see 67,700sqm of new office stock by 2025
This is from the Marina Central Tower alone.
Taipei CBD office transaction volumes to exceed 30,000 gross ping by year-end
Demand remains steady despite negative absorption in Q3.
Canberra to see 35,000sqm of new office space supply by Q4 2025
Thanks to a project under construction at 15 Sydney Avenue.
What was Singapore’s largest hotel opening in the first nine months of 2024?
This new hotel added 989 rooms to the market.
Melbourne’s Q3 retail completions finally outperform 10-year average
Completions have underperformed for six consecutive quarters.
Sydney hotel supply to increase by 5.1%
Thanks to six new hotels currently under construction.
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1. Indian real estate registers $749m worth of private equity investment inflows in Q1 2. APAC real estate investment volumes drop to 10-year low in Q1 3. Jakarta CBD to see 100,000sqm of new office space by 2028 4. Singapore CBD Grade A office rents to remain flat in 2025 5. Singapore CBD Grade A office rents record largest increase since Q3 2023Resource Center
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