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Office Brief - Q2 2024
"New buildings drive rents to historic highsExisting offi ce buildings are actively obtaining green building certifi cations to improve their competitiveness and tenant retention."
Tagged Articles
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"New buildings drive rents to historic highsExisting offi ce buildings are actively obtaining green building certifi cations to improve their competitiveness and tenant retention."
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"Land transactions up by 97% YoYDevelopers’ appetite for land transactions has rebounded, with transaction volumes exceeding NT$30 billion for two consecutive quarters."
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"A recently published report by Savills on the Ho Chi Minh City real estate market for H1/2024 reveals that the commercial segment, including office and retail spaces, continues to show significant developments."
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"Savills Asian Cities report series for 1H 2024 covers 18 cities in 15 countries around the region. The reports take a more in-depth look at how selected property sectors are evolving in the current environment and their future prospects."
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"Since Australia reopened its borders in 2022, the tourism sector has witnessed a vigorous rebound, setting the stage for an optimistic outlook for hotel investment activity."
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"Beijing office market showed signs of recovery and performed better than expected at the beginning of 2024. After the pandemic from previous years, the overall economic has recovering steadily. Leasing demand in the Beijing office market saw a decent rebound in Q1/2024."
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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."
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"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."
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"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)."
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"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."