Asia Pacific Retail Spotlight April 2024
"While external headwinds persist worldwide, the resurgence in international tourism and the resilience exhibited at the domestic level bode well for longer-term growth."
Tagged Articles
"While external headwinds persist worldwide, the resurgence in international tourism and the resilience exhibited at the domestic level bode well for longer-term growth."
"As high interest rates and a global economic slowdown persist, the road to recovery may well prove to be a bumpy one in 2024. Nonetheless, Asia Pacific remains an attractive investment destination."
"Getting to grips with sustainable innovation seen through the lens of embedding energy performance upgrades into maintenance planning resulting in operational efficiency. This not only helps future proof the asset but may also result in green premiums with the resulting impact on valuations. Taking this to the next level includes a new approach to tenant engagement. The environmental and business cases are compelling and interlinked."
"Though investment activity declined across much of Asia Pacific in 2023, some bright spots did emerge as Japan saw increased volumes and foreign capital targeted inflation hedging assets in rebounding markets with diverse demand sources."
"Asia Pacific’s prime retail markets are set to rebound, albeit recoveries may take place at very different speeds."
"The cold storage business has witnessed a rise in demand due to a number of factors, including increasing household incomes, the rise of urban and middle-class populations, as well as some structural changes to consumer behaviour."
"Real estate advisor Savills’ new market intelligence report ‘Wins & Losses in the Tech Sector’ concludes that the recent moderation of the Dutch tech sector’s growth will not lead to office market disruption. The report explores current trends in the Dutch technology sector, including the declining availability of Venture Capital (VC) and the ramifications for the office market of the country’s largest five cities (G5)."
"The market in Aberdeen and surrounding areas is often an exception to the rule."
"Asia’s place in the international retail scene is already well established but we have recently seen a growing focus on ASEAN markets with their favourable demographics, emerging middle class and extensive new infrastructure aligned with a swift post-COVID resurgence in trade and tourism."
"Despite the short-term uncertainties, the fundamentals driving demand for tourism and hospitality in Asia-Pacific are set to see a resurgence."