Central Hong Kong vacancy continues to go up in June - JLL
In June 2024, the vacancy rate for Grade A offices in Central rose to 12.1% and net effective rents dropped by 0.6%, said Alex Barnes, Managing Director and Head of Office Leasing Advisory at JLL in Hong Kong.
Optimistic outlook for the industrial sector in Singapore - Colliers
There will continue to be a surge in supply; from 2024 to 2026, there is an average annual supply of 1.1 mil sqm industrial space coming on stream, said Catherine He, Head of Research, Colliers Singapore.
APAC office sector recorded greatest movement in cap rates - Colliers
According to Colliers' Q2 2024 APAC Cap Rates, the office sector led the movement in cap rates across Asia Pacific. Sales transaction volumes remained low, said CK Lau, Colliers’ Managing Director of Valuation & Advisory Services.
Hong Kong’s data centre market continues to attract occupiers - CBRE
According to CBRE’s report, Hong Kong's the demand for data centres surged during the pandemic due to the shift towards using more cloud-based systems, said Samuel Lai, Executive Director, Head of Advisory & Transaction Services – Industrial & Logistics, CBRE Hong Kong.
APAC prime office rents decline in Q2 2024, but signs of stabilisation emerge – Knight Frank
In Q2 2024, Asia-Pacific prime office rents declined by 3.1% year-on-year, showing slight improvement from the previous quarter's 3.2% drop, according to Knight Frank. Despite the continued downward trend over eight quarters, signs of market stabilisation have emerged, said Tim Armstrong, Global...
Mixed performance for Hong Kong’s commercial real estate Q2 2024 – Colliers
The Colliers Market Report for Q2 2024 highlights a mixed performance across Hong Kong's commercial real estate sectors amid macroeconomic uncertainties. While high-street retail rents edged up by 1.0% QoQ due to tourism recovery, Grade A office and warehouse rents declined by 1.0% and 0.4% QoQ...
Singapore’s investment market increased 64.1% in Q2 2024 - Colliers
According to Colliers, in Q2 2024, Singapore saw a significant investment surge to SGD 6.5 billion, up 64.1% from the previous quarter, driven by SGD 3.2 billion in government land tenders and strong contributions from the office, residential, and mixed-use sectors.
Hong Kong residential prices likely bottom out in 2025 – CBRE
Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong provided insights on Hong Kong’s residential market in mid-2024 that banks are becoming more selective with mortgages, primary market sales surged to 9,419 units in H1 and are expected to dominate with up to 16,000...
Core Singapore CBD Premium and Grade A office rents on a roll - Colliers
According to Colliers Office Market Report and Outlook, in Q2 2024, Core CBD Premium and Grade A office rents in Singapore rose by 0.5% quarter-on-quarter to SGD 11.63 per sq ft, commented Tridiana Ong, Head of Occupier Services, Colliers Singapore and Catherine He, Head of Research Colliers...
Lending environment for real estate in Japan remains accommodative – CBRE Japan
CBRE's 2024 Japan Lender Survey reveals a supportive lending environment, with 25% of senior lenders and 43% of mezzanine lenders dedicating all their loan volume to new acquisitions in FY 2023 and lending conditions, such as LTV and spread, remained stable or slightly eased, particularly for...
