News
Melbourne’s Q1 gross industrial takeup still 15% below 10-year quarterly average
Gross takeup was at 211,300sqm in Q1.
Melbourne’s Q1 gross industrial takeup still 15% below 10-year quarterly average
Gross takeup was at 211,300sqm in Q1.
Bangkok to close 2023 with over 5 million sqm of prime warehouse stock
Expect a higher vacancy rate as a result.
Sydney industrial transaction volumes up 9% to AUD851m in Q1
This figure is 67% above the 10-year quarterly average.
Tokyo’s Q1 office absorption more than double that of 2022’s full year figure
Net absorption totalled 116,000sqm in Q1.
Hanoi finally welcomes new Grade A office project after two years
It is a 23,000sqm project located in Dong Da District.
Brisbane sees 138,500sqm of new industrial space supply in Q1
Over 80% of these completions were pre-committed.
Seoul industrial vacancy rate hits 5-year high of 12.6% in Q1
This is the highest vacancy rate since 2018.
Perth’s office net absorption hits record highs since Q3 2018
The city’s absorption hit 27,200sqm in Q1 2023.
Here are some of Hong Kong's key industrial lease renewals in Q1
Most of the renewals were driven by 3PL operators.
Five projects to add 200,000sqm to Brisbane’s new office supply
The largest project spanning 69,000sqm began construction in Q1.
Delhi’s Q1 gross industrial absorption hits 1.1 million sq ft
Demand was driven by the 3PL and retail sectors.
This was the largest completion in Adelaide’s logistics market in Q1
It was a project spanning nearly 22,000sqm.
Industrial supply crunch persists in Singapore despite new completions
The projects completed in Q1 were mainly single-user facilities meant for self-use.
Bangkok’s prime office net absorption hits 12,600sqm in Q1
Meanwhile, the vacancy rate increased to 19.9%.
Sydney bound to record its lowest office development activity since 2012
Only 19,791sqm of new office stock is expected to be completed in the CBD this year.
Tokyo industrial vacancy rate hits 8.1% in Q1
The last time vacancy rates were above 8% was in Q1 2016.
Hong Kong overall office rents to rise by up to 5% by end-2023
Though submarkets are still expected to endure some rental pressure.
Resource Center
Read Here
Advertise
Sign Up
Event News
The company believes innovation and data-driven strategies are paramount to a sustainable future.
