JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
Faster recovery awaits Hong Kong’s high-end hotels
JLL expects the sector’s transaction activity to reach US$1b by Q423.
Faster recovery awaits Hong Kong’s high-end hotels
JLL expects the sector’s transaction activity to reach US$1b by Q423.
Bangkok to see over 1,500 new residential units in 2023
A big bulk of these units are in the ultra luxury segment.
New office development lull looms in Sydney this year: JLL
Less than 20,000sqm of new stock is expected to be completed.
Seoul office net absorption still on a positive streak for 11 consecutive quarters
The city’s Q4 net absorption was at 14,800 pyeong.
Adelaide hits highest quarterly industrial take up in 12 months
Leasing activity reached nearly 44,000sqm in Q4 2022.
Ho Chi Minh City’s residential sales suffer as investor-buyers turn cautious
Only 171 prime units were sold in the last quarter of 2022.
Delhi’s industrial Grade A supply to increase at 15% CAGR from till 2026
There is almost 50 million sq ft of new supply lined up in the next three years.
Mumbai to see nearly 8m sq ft of new office space this year
Supply is expected to outpace demand by the end of the year.
Osaka’s new office stock up 7% in 2022
A total of 130,000sqm was added to the market last year.
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Tokyo industrial sector’s net absorption hits over 2 million sqm in 2022
It was very close to 2019 absorption levels.
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Transaction volumes hit AUD 745.9 million in Q4 2022.
Perth industrial takeup hits 228,600sqm over the last year
This is more than the 10-year average of 205,000sqm.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.