Indonesia
Jakarta office rents down 2.8% in Q1
Rents are expected to continue on a downward trend for the rest of the year.
Jakarta office rents down 2.8% in Q1
Rents are expected to continue on a downward trend for the rest of the year.
Key trends in Jakarta’s flex office space market
Flex offices account for 5.2% of the total leased space in Sudirman CBD as of Q1.
Net takeup of Indonesian non-CBD offices surges by 85% in Q1
But the country’s residential sector is leading growth in the property market.
Everything you need to know about industrial investments in Indonesia’s special economic zones
Find out which locations offer the best investment opportunities for industrial estates.
Expect 10 new lodging properties in Jakarta in 2022
A third of them will be serviced apartments.
Jakarta prime retail rents up 0.7% in 2021
Rents are likely to continue their recovery momentum this year.
JLL Indonesia’s James Allan joins the judging panel at the 2022 Real Estate Asia Awards
Whilst the real estate industry sees a positive outlook for 2022, owners must stay up to date with market trends and innovation to identify enhancements and increase asset performance and value, says JLL Indonesia Head.
Jakarta Grade A office rents decline 8.1% for full-year 2021
Rent decreased 2.5% in the final quarter of the year.
Cautious optimism remains the theme for Jakarta’s property market this year
Find out why JLL says market confidence will be stronger than last year.
How will hybrid working impact office building management?
Operational efficiency is now more important than ever.
Jakarta retail space supply to increase by 350,000sqm within the next 3 years
Four new malls will be completed this year.
Jakarta serviced apartment occupancy rate up improves to 61.1% in Q4
It increased by 9.4 percentage points compared to the previous quarter.
What you need to know about Jakarta’s upcoming office property supply
Supply was stagnant at 6.96 million sq m in Q4 2021.
Jakarta Grade A office rents down 2.2% in Q3
There are still massive discounts available for tenants.
Automotive, tech firms scrambling for industrial land in Jakarta
There were at least 3 transactions of 13 hectares for data centre companies in Q3.
Jakarta office rents on a downward streak for over two years now
But rental declines are now slowing with only a 0.6% drop in Q3.
Jakarta’s retail occupancy rate drops to 71.2% in Q3
This is a 7% decline from the start of the pandemic in Q2 2020.