JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Transaction volumes hit AUD 745.9 million in Q4 2022.
Perth industrial takeup hits 228,600sqm over the last year
This is more than the 10-year average of 205,000sqm.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Seoul’s Q4 industrial vacancy rate at its highest since 2020
The vacancy rate was at 8.2%.
Nearly 8 in 10 investors say pricing uncertainty impacts APAC capital deployments the most
And 70% believe unpredictable interest rates will significantly affect investment decisions.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
Adelaide office vacancy rate rises to 16.5% in Q4
Net face rents also grew 2.6% in the quarter.
Bangkok office supply set to reach highest annual completion since 1999
There is 297,000sqm of supply expected to complete by the end of this year.
Singapore industrial rent and price growth to ease to around 5% this year
Net absorption for multiple-factory space is also at an all-time high.
Hong Kong office net effective rents dip 0.2% in January
And vacancy rate rose to 12.2% during the month.
Hong Kong office rents dip 0.4% in December
Meanwhile, the vacancy rate increased to 12.1%.
Guess which country was the best-performing real estate market in APAC in 2022
Commercial property investments rose 53% in this market.
Crucial factors that will lift Philippine real estate amidst headwinds
The IT business process management industry is one of the key factors.
Where do APAC markets stand in their bid to achieve sustainable real estate?
Only 40% of Grade A office stock is green-certified.
APAC to see nearly 26m sqm of new industrial space in 2023
This translates to a USD36b increase in investable prime logistics spaces.