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Melbourne’s 2021 industrial gross take-up breaches 2019 records
The total take-up reached 1.86 million sqm during the year.
Melbourne’s 2021 industrial gross take-up breaches 2019 records
The total take-up reached 1.86 million sqm during the year.
How workplaces will be like in 2022
Hybrid workplaces and ESG goals are set to influence the market going forward.
Jakarta prime retail rents up 0.7% in 2021
Rents are likely to continue their recovery momentum this year.
New Delhi retail net absorption slumps 72% in 4Q21
Blame it on lack of new supply and low vacancy in quality malls.
Tokyo office rents still on a downtrend for nearly two years now
Office rents declined for the seventh consecutive quarter in 4Q21.
Around 6.5m sq ft of new Grade A office space expected in Mumbai this year
This is if construction activity is not slowed down by further restrictions.
Sydney industrial transaction volumes hit a record AUD1.32b in 4Q21
This is 161% higher than the 10-year quarterly average of AUD504.5m.
Manila retail net absorption hits 285,400sqm in 4Q21
This is the highest figure in the last six quarters.
Melbourne records positive office net absorption for third consecutive quarter
Melbourne CBD office saw net absorption of 12,700 sqm in 4Q21.
Seoul to see 1.5 million pyung of new logistics centres by end-2022
These will be concentrated in the South-east and the West sub-markets.
Why it is still challenging to find tenants in Singapore’s business parks
The vacancy rate in the East Planning Region business parks increased to 21.5% in 4Q21.
Kuala Lumpur to see 4m sq ft of new office space supply this year
Vacancy rates are then expected to rise further.
Tokyo’s 2021 industrial net absorption almost reaches pre-COVID levels
Net absorption hit over 1.9m sqm in 2021.
Singapore private residential rents on an uptrend for fifth consecutive quarter
Rents increased 2.6% in the final quarter of 2021.
Jakarta Grade A office rents decline 8.1% for full-year 2021
Rent decreased 2.5% in the final quarter of the year.
The Philippines’ data centre capacity to triple in the next few years
Several facilities are expected to be built, which will expand the country’s current capacity of 96MW.
Singapore’s 2021 residential leasing volume hits highest level since 1999
Leasing volume increased 6.5% y-o-y to 98,569 in 2021
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