News
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
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.
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.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Kuala Lumpur to see over 3m sq ft of new office supply by year-end
The weak demand and oversupply are expected to accelerate rental decline.
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 HDB resale volume down 1.7% in August
There were only 2,323 units transacted during the month.
Jakarta Grade A office rents down 2.4% in Q2
On a year-on-year basis, rents decreased 9.6%.
Brisbane CBD office vacancy rate hits 15.4% in Q2
It’s still higher than the 10-year quarterly average of 15.3%.
Hong Kong retail landlords still offering deeper cuts in shop rents
A retail spot was recently granted to a tenant for 51.3% lower than the previous lease.
Delhi sees 1.41 million sq ft of new office space supply in Q2
Over half of the new supply is in Gurgaon.
Adelaide office net absorption turns negative for the first time in a year
Quarterly net absorption was at -11,800sqm in Q2.
Hong Kong Island office vacancy rate reaches 19-year high of 9.2% in July
It is the highest vacancy rate since 2003.
Bangkok prime gross office rents dip 1.6% in Q2
Capital values slightly increased by 0.3% during the quarter.
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.