News
Why Seoul’s office property investment market “shrunk”
Unit price and cost of capital increased.
Hong Kong office rents slip 0.1% in July
Vacancy rate rose to 9.6% during the month.
Singapore strata industrial sales hit 8-year high in Q2
Sales rose 28% to 512 transactions during the quarter.
Seoul prime office vacancy hits 13-year low of 4.9% in Q2
Net absorption increased 156,400sqm during the quarter.
Hong Kong mass residential capital values down 0.5% in July
It was higher compared to last month’s -0.3% drop.
Singapore strata office transactions down 15.7% to S$365m in H1
There were fewer strata offices available for sale.
How Korea’s logistics market is impacted by rising inflation
Inflation is forecast to hit 4.5% this year.
APAC hotel investment to reach $10.7b by year-end
Investment volumes increased 33% to $6.8b in H1 alone.
APAC cold storage sector investments could hit US$4b over the next decade
JLL expects deal activity to surge in the next few years as supply increases.
Singapore decentralised office rents to rise 2% in 2023
Rents are expected to grow 3.2% this year.
Why real estate debt is gaining traction amongst APAC investors
Around 1 in 5 investors intend to deploy capital in the debt space in 2022.
Brisbane to see 1,368 new hotel rooms by 2024
Room supply increased by 7.1% per annum between 2014 and 2019.
Singapore business park submarkets register widening rental gap
City Fringe monthly rents are at $6psf whilst Rest of Island are at $3.65psf.
Shinjuku records the largest annual office rent decline in Tokyo
Rents declined 3.3% in Q2.
Residential sector leads Singapore’s Q2 property investment sales
Its $3.3b worth of transactions accounted for 49% of overall sales.
Melbourne adds 1,311 new hotel rooms to its supply in H1
Over 2,000 rooms were added to the inventory in 2021.