In Focus

Rents are forecast to decline by an average of 1.7% across the region. 

Life sciences as an investible asset class is still at a nascent stage, but there are a few entry routes. 

Outdated properties yield rents 40% lower than their newer counterparts.

NEV brands are looking for space in markets such as Tokyo and Seoul. 

There is increasing demand from WFH locals who want their own confined space.

Three US tech giants will build hyperscale data centres in Malaysia.

Sale-and-leaseback is amongst the fastest entry routes to invest in cold storage, says Colliers.

Discount retailers are now bumping luxury shops from Central Hong Kong.

The total value of major transactions jumped 53% to approximately US$354m.

Cold chain storage remains undersupplied in Asia on a per capita basis.

ESR Australia recently bought a portfolio of 45 properties for a whopping US$2.9b.

Investments jumped 68% and 280% in Australia and Singapore, respectively.

Half of the properties in APAC prime locations is over 20 years old.

Standard Chartered, DBS, Deutsche Bank and Societe Generale cut massive floor spaces.

Total net absorption doubled in Tokyo, Sydney, Singapore and Hong Kong SAR, reaching 322 megawatts (MW).

New Zealand posted the highest annual price growth in APAC at 19%.