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What to expect from Tokyo’s office property market this year
What to expect from Tokyo’s office property market this year
Most office layouts are being transformed to accommodate hybrid working.
Singapore prime business park rents up 0.7% to S$5.80 per sq ft in Q3
This is a result of improving occupancy levels.
How these crucial events will impact the future of Singapore’s industrial sector
Rents are expected to increase by 2-3% in 2022.
Singapore’s industrial leasing activity hits record highs in Q3
Total leasing volume grew 13.9% to 3,423.
Taiwan’s hotel investments plummet 72% to a measly US$265m in Q3
But this is only due to the major sale of Sunworld Dynasty in Q3 2020.
Singapore industrial sales volume breaches 3-year annual average
Sales volume reached 1,387 in the first three quarters of 2021.
Australian hotel transactions surge 71% to US$197m in Q3
There were a total of eight hotel investment transactions during the quarter.
Japan leads APAC hotel investment recovery with transactions worth US$590m in Q3
This is a sharp increase from last year’s US$168m.
How will the series of Chinese reforms impact Singapore’s office leasing market?
The sector’s recovery has always been hinged on the office demand from Chinese firms.
Singapore Grade A office vacancy rate drops 1.4ppts to 5.8% in Q3
The drop could be attributed to tenants who have just started moving into their pre-committed spaces.
Singapore’s total investment sales could hit S$20b by year-end
The real estate sales volume is already at S$16.95 as at Q3 2021.
Singapore investment sales hit 2-year high of $6.95b as residential segment outperforms
A majority (84.9%) of the transactions in Q3 came from the residential segment.
Singapore commercial investment sales slump 61.9% to S$852.2m in Q3
Blame it on the underwhelming performances of the office and retail segments.
Singapore business park rents slip 0.9% in Q3
Savills expects rents of outlying business parks to bottom out soon.
Tokyo Grade B office rents decline 8.4% in Q3
And vacancy rate hit 3.3%.
National monument House of Tan Yeok Nee on sale again for $92m
The property was last put on sale in 2018.
Why Tokyo’s Grade A office sector could gradually improve in the coming months
Shibuya only recorded a minor correction of 0.5% in Q3.