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Grade A office rents in Ho Chi Minh City slip 0.5% in Q1
Grade A office rents in Ho Chi Minh City slip 0.5% in Q1
In 2023, CBD monthly rents are expected to decline 4.6% y-o-y to USD 45.6/sqm.
This office building was the only one to be completed in Jakarta in Q1
It is a 90,000sqm office building in the Sudirman corridor.
Mumbai adds 0.15 million sq ft to its Grade A office stock
Thanks to the completion of one project in Navi Mumbai in Q1.
Osaka’s office vacancy rate rises to 3.4% in Q1
Only one new project was completed during the quarter.
Top industry players recognised at 2023 Real Estate Asia Awards
The awards programme lauds innovative and standout real estate projects and developments.
These are the big-ticket office property deals to watch out for in APAC
The deals are expected to set a benchmark for buyers and sellers, following a lacklustre Q1.
Build-to-rent projects get a boost in Western Australia
The Managed Investment Trust tax for BTR projects was halved from 30% to 15%.
Jakarta to see over 600 new hotel rooms by end-2023
Majority of the new supply will be from 5-star hotels.
Why the hyperscale data centre market could be the next big thing in APAC
APAC accounts for over a quarter of the global hyperscale data centre capacity.
Demand for flex spaces up 25% in Singapore in 2022
However, new supply only grew by 3% over the same period.
APAC high street retail investment volumes up 8% to USD2.3b in Q1
But the overall retail sector is still in the woods, says JLL.
Why Brisbane CBD’s office sector is enjoying robust tenant activity
The flight-to-quality is attracting more workers to go into the offices.
These were the major residential projects completed recently in Singapore
Nearly 400,000 private homes were available in Singapore as of Q1.
Canberra’s total office stock hits 2.2m sqm
The most recent addition was an 8,000sqm office completed in Q1.
Decentralisation, flight-to-quality trends persist in Hong Kong
Co-working spaces are also seeing increased demand.
Here are some of the most notable data centre investments in APAC
One is a 96MW campus worth approximately USD1b to be built in Batam, Indonesia.
Singapore private residential rents expected to soften in H2 2023
This is despite the strong 7.2% rental growth seen in Q1.
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
