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Cost drives lease renewals and relocations in Asia Pacific
Cost drives lease renewals and relocations in Asia Pacific
Uncertain economic conditions push occupiers to prioritise lower rent.
1 in 2 companies plan to expand flexible spaces in the next three years
Unassigned seating and collaborative spaces emerged as top workplace efficiency boosters.
6 in 10 APAC firms stabilise office attendance: survey
Around 32% companies expect an increase in office usage.
Over half of APAC office occupiers pledge net-zero emissions by 2030
In contrast, 35% have no targets or pledges.
What are the primary factors for occupiers relocation?
Cost continues to be an important consideration.
Hotel investments lag despite operational improvements
Interest rates continue to slow transaction activity.
3PL and manufacturing drive India's logistics growth
Ecommerce and manufacturing retail fuel demand for logistics space, with 3PL players leading the surge.
HK industrial leasing slows amidst Chinese economic downturn
Soft demand from Mainland China and high capital expenditure in Hong Kong equals drop in leasing volume.
Office, multifamily sectors see most drop in investments
Investment in office and multifamily sectors plummet amid rising interest rates and economic uncertainty, with strategies for recovery in focus.
Pricing gap widens between buyers and sellers in logistics facilities
Asia-Pacific investment volume dropped by 30% in the third quarter this year driven by a rise in retail and hotel acquisitions.
Western Capital shifts to Japan and India as purchasing in Mainland China slows
Japan remains the top market for Western investors in APAC while China hits a 10-year low.
APAC investors exhibit weaker appetite for overseas acquisitions
High-interest rates and anti-pandemic restrictions impact APAC investment in the US.
APAC property market focuses on ESG amidst rising energy prices, regulatory goals
Tenants and employees seek sustainable and wellness-focused properties.
Prime logistics rent in Singapore rises 3.7% QoQ in Q1
The segment recorded the strongest rental growth for the quarter.
APAC life sciences real estate investment hits US$18b in the last five years
There is approximately 100m sq ft of total leasable area within the life sciences sector as of end-2022.
Hong Kong is APAC’s second most preferred retail expansion destination
It is tied with Singapore at second place, whilst Chinese cities took the top spot.
APAC investors’ top 5 cross-border investment destinations revealed
Hong Kong is back on the top 5 after a 4-year hiatus.
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