Commercial Retail
Seoul retail vacancy rates decline except in Gangnam and Myeongdong
The vacancy rate in Gangnam was at 36.1% in Q4 2021.
Seoul retail vacancy rates decline except in Gangnam and Myeongdong
The vacancy rate in Gangnam was at 36.1% in Q4 2021.
Hong Kong retail recovery dampened yet again by recent COVID outbreak
Restaurants with over 20,000 sq ft of space could be at risk
Singapore prime retail rents to increase by 2.9% per annum between 2022 and 2026
Capital values could also rise by 3.2% in the medium term.
Here’s what you should expect from the APAC retail property market in 2022
Deep-pocketed retail operators are likely to launch new expansion plans.
APAC to sustain growth in commercial real estate investment in 2022: CBRE
CBRE sees a 5% to 10% growth in total transaction volumes this year.
Capital raised by REITs could top $20b in the Asia Pacific in 2022: APREA
This as investors become more comfortable with REITs and more industrial portfolios gets listed.
Jakarta retail space supply to increase by 350,000sqm within the next 3 years
Four new malls will be completed this year.
Singapore prime retail rents down 5.8% for full-year 2021
Monthly prime retail rents averaged S$25.40 psf in Q4 alone.
Hong Kong retail rents to grow by 5% in 2022
But only if no major outbreak pulls back leasing demand yet again.
New Delhi retail property sector ends 2021 on a high note
New leases and store openings hit 0.28m sq ft in Q4.
Urban mixed-use projects to watch out for in South East Queensland
Retail-only projects are becoming a thing of the past.
Singapore’s 5-year retail supply pipeline from 2021 to 2025 halved
The annual average is only expected to hit 560,000 sq ft.
Hong Kong retail space supply won’t rise until 2023
There are only three projects slated for completion this year.
Bangkok to see 166,000sqm new retail space supply in 1H22
Most of the new supply will come from 4 projects.
Investors urged to bottom-fish Hong Kong retail assets in the next six months
This is when prices are still be negotiable.
APAC retail property market expected to fully recover in 2022
Rental decline slowed to -0.2% in Q3 2021.
Why Tokyo’s retail property market is still mired in uncertainty
The slight increase in rents was only due to listings of previously unavailable prime locations.