retail leasing
What does the future look like for Singapore’s retail property market?
The worst is already behind us, but rents won’t start picking up until 2022.
What does the future look like for Singapore’s retail property market?
The worst is already behind us, but rents won’t start picking up until 2022.
Retail rents in Hanoi’s CBD inch up 1.1% in Q2
Thanks to foreign luxury brands’ resilience amidst the pandemic.
Bangkok prime retail rents slip as downward pressure persists
Prime gross rents declined by almost 3% in Q2.
Melbourne’s neighbourhood, large-format retail assets outperform other subsectors
Investors prefer these assets due to their stable earnings.
Seoul’s shopping mall rents up 2.4% in Q2
Prime high street rents slipped 0.3% in the same period.
Singapore's retail vacancy rate hits record highs in the Central Area
Major retailers such as Naiise, Dimbulah Coffee and Manekineko had to shut down their stores.
India’s retail properties see renewed interest from private equity investors
The sector accounted for the second highest share (33%) of investment inflows in Q2 2021.
Jakarta’s retail supply to rise 2.5% annually till 2025
By the end of 2021, total retail supply will reach 2.91 million sq m.
Hong Kong retail rents finally stabilise after 18 months of decline
Rents in prime street shop and major shopping centre segments increased 0.3% and 1.2%, respectively.
Singapore prime retail rents down 11% as tourists remain non-existent
Island-wide rents declined 9.3% to S$26.20 per square foot per month in Q2.
Hong Kong high-street rents to fall by 3% this year
This is a huge improvement from the 28% drop recorded in 2020.
Cambodia real estate takes sharp turn in H1
An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
Banks are now occupying large duplex stores.
Melbourne retail completions to stay at historically low levels till 2025
Completion levels are expected to drop 38% in 2021.
Manila retail vacancy rate reaches 15-year high of 7% as store closures persist
This is the highest recorded vacancy rate since 2006.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
F&B retailers drive Jakarta’s positive net demand in Q1
Several businesses opened new stores during the quarter.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
