Bengaluru Offices and Warehouses 1H/2024
"India’s growth has been remarkable in recent few years, at a time when tensions and inflationary issues have scarred the global economic landscape."
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"India’s growth has been remarkable in recent few years, at a time when tensions and inflationary issues have scarred the global economic landscape."
"Chengdu’s GDP reached RMB2207.47 billion in 2023, ranking 7th among all Chinese cities. Tertiary industry added value reached RMB1510.90 billion, up 7.5% YoY."
"Ha Noi is a significant economic centre, however, the city experienced only moderate growth in Q1/2024 as gross regional domestic product (GRDP) growth hit 5.5% year-onyear (YoY)."
"In 2023, total retail stock inclusive of hypermarkets in Greater KL grew by 3.3% year-on-year (YoY) to 75.1 million sq ft, representing 9.3 sq ft per capita, with Outer KL holding a 55% market share."
"A slowdown in construction has pushed back the completion dates for office buildings across Metro Manila. This translates to a significant bump in completions anticipated for 2024."
"Over the past 12 months, numerous media outlets have highlighted the high office vacancy rates in China’s Tier 1 cities, prompting discussions on the office overbuild and soft demand."
"Shenzhen has enjoyed abundant policy incentives offered by the central government and strong GDP growth at a CAGR of 8.7% from 2014 to 2023."
"In January 2023 when Hong Kong finally reopened its borders, everyone was hoping for a rebound in both the local economy and inbound tourist numbers, benefiting the much-depressed local retail sector."
"The Indonesian economy has recorded economic growth at the beginning of 2024 of 5.11% with foreign investment showing a positive trend at US$13.6 billion, mostly driven by the manufacturing sector."
"Pakistan’s economy is showing signs of improvement with a stable exchange rate and a decline in inflation, signaling growing resilience and improved macroeconomic activity."