In Focus

There were some other “stranger things” happening from Q1/2016 to Q3/2021.

The population has decreased by over 85,000 people from May 2020. 

Leasing volumes increased 25% in Q3.

It is the country’s largest ever property sales transaction.

Staycation demand and quarantine hotels helped boost the sector’s performance.

The 4,544 sq-ft unit was sold for a record breaking HK$140,845 per sq ft.

Southeast Asian cities have not seen many workers going back to offices just yet.

39% of global carbon emissions come from building and construction.

Employees demand greener buildings, but 65% of them do not know about their employers’ sustainability efforts.

Indian retailers are among the most optimistic about opening up more stores. 

Investments in Q3 alone increased 10% to US$39.5b.

More younger families are leaving Central Tokyo for neighbouring prefectures.  

Hotel investment demand is expected to grow further in the coming months.

Savills enumerates four key factors that contribute to the optimistic outlook.

Nearly 2,000 units were sold in the Core Central Region alone in Q2.

Yields are expected to surpass residential and Grade A office returns with over 3% per annum.