News
Bangkok to see three new retail projects in the next 12 months
Bangkok to see three new retail projects in the next 12 months
This will add over 300,000sqm to the city’s prime retail stock.
SHDA pushes roadmap for affordable housing in the Philippines
SHDA executives outline plans for the next decade, with focus on the young working middle-class market and industry collaboration with the government.
Retrofitting legacy buildings: A path to decarbonising Asia’s real estate sector
Urban Land Institute executive said navigating challenges and fostering collaboration are key to achieving decarbonisation goals.
HK issues 9 pre-sale consents for property developments in Q2
Most are residential developments.
Seven new industrial projects expected to be completed in Perth by Q4
The projects will add over 80,400sqm to the city’s stock.
Taipei to see 20,000 ping of new office stock in 2023
Two office projects were postponed to 2024.
This was the largest retail completion in Adelaide in Q1
It was a shopping centre spanning 4,400sqm.
Kuala Lumpur to see over 3m sq ft of new office stock by year-end
Though only one completion was recorded in Q1.
Melbourne’s Q1 gross industrial takeup still 15% below 10-year quarterly average
Gross takeup was at 211,300sqm in Q1.
Bangkok to close 2023 with over 5 million sqm of prime warehouse stock
Expect a higher vacancy rate as a result.
Sydney industrial transaction volumes up 9% to AUD851m in Q1
This figure is 67% above the 10-year quarterly average.
Tokyo’s Q1 office absorption more than double that of 2022’s full year figure
Net absorption totalled 116,000sqm in Q1.
Hanoi finally welcomes new Grade A office project after two years
It is a 23,000sqm project located in Dong Da District.
Brisbane sees 138,500sqm of new industrial space supply in Q1
Over 80% of these completions were pre-committed.
Seoul industrial vacancy rate hits 5-year high of 12.6% in Q1
This is the highest vacancy rate since 2018.
Perth’s office net absorption hits record highs since Q3 2018
The city’s absorption hit 27,200sqm in Q1 2023.
Here are some of Hong Kong's key industrial lease renewals in Q1
Most of the renewals were driven by 3PL operators.