News
Hanoi retail space supply increases 5% to 1.1m sqm in Q2
Thanks to the newly completed Vincom Mega Mall Smart City.
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Adelaide industrial rents up 4.4% in Q2
Gross takeup grew 82.2% during the quarter.
Industrial rents in Northern Vietnam up 5.5% in Q2
This is due to higher rents commanded by two properties in the area.
Melbourne industrial gross takeup drops 26% to 285,100sqm in Q2
The drop was driven by a lack of available space.
Kuala Lumpur industrial vacancy rate declines to 2.5% in Q2
The new completions in H1 were fully pre-leased.
Sydney CBD’s total office space stock now at 5.2m sqm
The Quay Quarter Tower recently added 88,000 sqm of premium office space.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Jakarta to see over 373,000sqm of new retail supply till 2023
There are no high-end retail projects in the pipeline.
Osaka gross office rents down 0.7% in Q2
Rents averaged JPY 22,885 per tsubo per month.
Melbourne CBD office vacancy hits 15% in Q2
This is almost as high as the record levels in 1999.
Greater Tokyo industrial asking rents up 4.7% in Q2
The vacancy rate also rose to 3.1% in the same period.
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
Non-IT occupiers accounted for most of the absorption.
Hanoi to welcome two new Grade A office projects in Q4 2022
This brings the total leasable area to 598,400sqm by the end of the year.
Perth CBD office vacancy rate rises to 20.1% in Q2
It grew by 0.4 percentage points.