Beijing Offices 1H/2021
"The Beijing Grade A offi ce market will continue to face signifi cant pressurein the medium-to-long term as over 1.3 million sq m of new supply is expected in 2021."
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"The Beijing Grade A offi ce market will continue to face signifi cant pressurein the medium-to-long term as over 1.3 million sq m of new supply is expected in 2021."
"Neighbourhood and large format centres have continued to perform well and a clear divergence between discretionary and non-discretionary centres has become apparent in both sales and leasing metrics."
"Guangzhou’s logistics property market off ers higher investment returns relative to other conventional property sectors, attracting many investors in recent years. However, the investment opportunity is becoming smaller as challenges associated with the sector are on the rise, making deal sourcing and conclusion much more diffi cult."
"Investors are piling into the logistics sector despite fierce competition and rapidly falling yields."
"The recent emergence of branded residences in Viet Nam is supported by a move up the residential value chain as increasingly expensive properties enter the market. A strong domestic economic performance and historically low stock levels are also pushing up demand and with it, prices."
"People eager for more outdoor space helped hotels in suburban areas to post a performance surpassing last year, while hotels in urban areas are facing severe challenges."
"Increasing e-commerce opportunities are forcing retailers to improve by combining their offline and online strategies and taking an ‘Omni-Channel’ marketing approach in order to maximise the effectiveness of both. As a result, some retailers are looking to reduce their total rental space."
"The pandemic has led to a K-shape economic recovery, further deepening the polarisation in Tokyo’s condo market. Meanwhile, the demographic and lifestyle changes triggered by the pandemic appear to have modestly shifted resident preferences in location and size. This could lead to an emergence of niche markets which some are likely to tap into."
"Greater KL will see the completion of 13 new malls in the next three years,adding at least 8.9 million sq ft to the market – more than half of which is to be completed this year in 2021."
"With global money supply growth still signifi cantly above previous norms while real interest rates remain subdued, signifi cant yield compression is a likely outcome."