Singapore

The group plans to consolidate its investment management platforms.

The future is collaboration for these new office spaces.

A change in people’s daily habits is causing a shift in what’s important to have in an office space.

That is after two consecutive years of increase.

The global urban, infrastructure, and managed services consulting firm has developed a tool to enhance the work process and operational efficiency of building management.

The real estate group is adopting sustainability innovations through its CapitaLand Sustainability X Challenge and devising a new metric to measure its sustainability outcomes.

The fall will be front loaded to the first half of 2021 before rents stabilise in the second half.

Thanks to growth in logistics, data centres, and multifamily investments.

But the 0.8ppt fall was not enough to turn the market around for the year.

Blame it on a lack of new launches during the month.

More diverse range of work options, such as repurposed workplaces and better-equipped home offices, could be part of the new normal.

With a younger tenant mix, demand for more efficient spaces and flexible lease terms is now higher than before.

The 1.4% dip in warehouse leasing volume was outweighed by the increases in single- and multiple-user factories.

Analysts expect prices to increase by 5.5% but there is a high chance of overshooting.

It’s only slightly lower than the 2.7% increase in 2019.

Rents declined for the fifth consecutive quarter.