Rents and occupancy
This article was originally published in https://www.knightfrank.com/
Download the Report Read MoreThe Asia Pacific logistics sector has performed resiliently since the onset of the COVID-19 pandemic on the back of accelerating e-commerce penetration, the development of omnichannel retail and the evolution of supply chain strategies for sourcing and inventory locations.
With logistics growth momentum showing no signs of slowing, CBRE recently conducted its first ever Asia Pacific Logistics Occupier Survey to identify the trends set to impact the sector in the coming years and help formulate strategies for occupiers and investors pursuing long-term sustainable growth.
The report identifies occupier optimism towards prospects for business growth; outlines the appropriate strategies for occupiers seeking to optimise their portfolios and operations; and profiles the next generation of logistics facilities. It also analyses the implications and opportunities for occupiers and investors seeking to increase their exposure to Asia Pacific logistics real estate.
This article was originally published in https://www.cbre.com/
Download the Report Read MoreAsia Pacific equities reversed two months of consecutive declines to record their best monthly performance since December last year. The benchmark, which has been roiled by China’s regulatory crackdown in sectors from technology, education and property, rose 2.5% in August to outperform the regional property counters. Investors took heart at comments made from the Fed’s closely watched annual Jackson Hole meeting, after the Fed Chair reiterated that tapering does not mean tightening. The region’s markets also cheered after the Chinese central bank made its biggest weekly cash injection into the banking system since February. Still, the bounce came after July’s pummeling as it continued to lag the region’s property counters year-to-date with just 2.4% returned, as compared to the region’s real estate and REIT benchmarks tracked by GPR/APREA, which had risen 5.5% and 10.7,% respectively.
Download the Report Read MoreDespite rapid growth in inbound demand in recent years driven by a sharp increase in overseas visitors, Japan’s retail and hotel markets remain overwhelmingly driven by domestic demand.
Therefore, while a recovery in inbound tourism is still some time away, Japan can be said to have rapid recovery potential, should domestic demand return.
CBRE believes the return of domestic demand is imminent, with pent-up demand steadily accumulating due to restrained consumption and various benefits and incentives provided by the government.
This demand is likely to materialise in the form of consumption for higher-end goods and services, trends that auger well for Japan’s retail and hotel sectors, especially the higher-end segments.
This article was originally published in https://www.cbre.com/
Download the Report Read MoreH 1 2021 transaction volumes were close to the six monthly average observed over the past five years
Office and industrial sales lead the New Zealand market The top three largest sales above 100 million were office assets
Vacant land/development sites show a lift in sales volumes
Singapore based investors were the most active of the offshore groups, with a smaller proportion of investment by Malaysian and Australian buyers
Investment activity is dominated by private buyers 52 followed by institutions 34 and syndicates 7 However, privates are net sellers, while institutions and syndicates are net buyers
This article was originally published in https://www.cbre.com/
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