Commercial Retail
Hong Kong retail leasing activity still ‘stubbornly low’: Savills
Hong Kong retail leasing activity still ‘stubbornly low’: Savills
Rents will remain largely flat this year.
Retailers scrambling to pivot to experiential shopping
Find out what strategies mall owners and retailers have been using.
Hong Kong retail street rents to drop by a further 10-15% in 2023
Rent adjustments are not expected to improve vacancy rates.
Perth retail completions still well below the 10-year average of 77,400sqm
Completions only totalled 20,700sqm over the last 12 months.
Large-scale malls dominate Kuala Lumpur’s 2023 supply pipeline
The malls have an average of 1 million sq ft of net lettable area.
Hanoi’s prime retail supply remains in non-CBD areas
The total supply is stable at 1.1 million sqm.
Here are the new malls to watch out for in Bengaluru in the next two years
Over 4 million sq ft of new supply is expected to come onstream in the Suburbs submarket alone.
Kuala Lumpur to see over 3m sq ft of new office supply by 2023
Vacancy rates are likely to remain elevated.
Retail rents in Ho Chi Minh City breach pre-pandemic levels
Rents grew 1.1% to USD 79.1 per sqm per month across the city.
Myeongdong retail vacancy rate surges to 42.1% as Zara exits
Vacancy rates in Seoul increased during Q3.
Tokyo retail rents increase for the second consecutive quarter
Rents grew 1.6% in Q3.
Bangkok to see 68,000sqm of new prime grade retail stock by end-2022
That is if two projects are completed as scheduled.
Sydney’s 2023 retail pipeline dominated by neighbourhood centres
Over 60% of the new additions will be from this segment.
Here’s a rundown of Mumbai retail property market’s Q3 performance
Net absorption was at 14,800 sq ft during the quarter.
Manila retail net absorption drops to -9,900sqm in Q3
Over a quarter of move-outs were by F&B operators.
Seven retail projects in Delhi expected to be completed by next year
These projects will add 3 million sq ft of space to the market.
This new project injected 700,000sq ft of supply to Hong Kong’s prime retail sector in Q3
Its pre-commitment rate is reported to be around 55%.
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