Savills
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Hong Kong office rents now 30% below 2019 peak levels
Hong Kong office rents now 30% below 2019 peak levels
Rents are expected to continue on this downward trend for the coming months.
Tokyo retail asking rents up 5.3% in Q3
Each submarket saw varying levels of recovery.
Two deals that stood out in Hong Kong’s industrial leasing market
One is a relocation to 88,000 sq ft of space in Tsuen Wan.
The worst is finally over for Hong Kong’s serviced apartment market
Rents for hotel-like units rose 5.1% in Q3.
How did Tokyo’s Grade B office market fare in Q3?
Vacancy rose to 4.8%, with Minato recording the largest increase.
These groups drive demand in Hong Kong’s luxury residential markets
Japanese expats favour West Kowloon whilst Mainland students dominate Hung Hom.
Tokyo residential occupancy rate hits 96.4% in Q3
It’s still below pre-pandemic levels but the occupancy rates are set to remain stable.
Regional residential markets in Japan attracting more investment activity
Here are the recent landmark transactions in regional markets.
Tokyo residential rents inch up 1.7% in Q3
And average asking rents in the C5W submarket rose 1.5%.
Jakarta to see over 373,000sqm of new retail supply till 2023
There are no high-end retail projects in the pipeline.
Greater Tokyo industrial asking rents up 4.7% in Q2
The vacancy rate also rose to 3.1% in the same period.
What is the most anticipated retail project in Malaysia this year?
Seibu department store will anchor the project with 250,000 sq ft of floor space.
What was the largest industrial investment deal in Japan so far this year?
It was an acquisition of 105,00sqm of land in Osaka for around USD417m.
These are the new entrants in Vietnam’s luxury retail market
Louis Vuitton and Christian Dior recently opened new flagship stores in Central Hanoi.
Singapore Orchard prime retail rents to rise 3% this year
And Prime Suburban rents are likely to increase 2%.
Luxury retail projects to watch out for in the Philippines
The 30,000-sqm Mitsukoshi Mall is slated to open in Q4 2022.
How Singapore’s retail property landscape is evolving
Some operators are shifting into a mixed-use commercial development.
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