We recently launched the 10th edition of our Global Real Estate Transparency Index, a leading publication that has been charting the progression of transparency across the world for two decades. The 2018 Index builds upon the strong track record of our previous surveys, evolving to meet ever-changing demands, and now covering 100 countries and 158 […]
The rise of flexible space in Asia Pacific has been meteoric. JLL research indicates major operators grew their footprint at an annualized rate of 35% over the 2014-2017 period and that pace of growth has carried over into 2018 (Figure 1). Figure 1: Flexible space stock*Source: JLL Research A number of factors have driven the […]
Economic conditions in the US continue along a path of steady improvement, with the latest GDP growth rate of 4.1% (annualized), signifying the strongest rate of growth in four years. Robust economic growth teamed with strong employment data and upward pressure on inflation suggest the likelihood of further rate hikes over the course of the […]
The self-storage industry in Asia is evolving as the notion of storing personal belongings outside the home catches on. Outside of Japan and Australia, Hong Kong remains the most established Asian market with an estimated 418 facilities, a number that compares closely to China’s total facilities. However, there is potential for further market growth. Per […]
The Thai government has released a housing stimulus measure which grants personal income tax allowance for buyers of first homes worth up to 5 million baht during April 30-December 31, 2019. This measure will help reduce housing costs based on the personal income tax rate of each purchaser. Although houses with the prices under 5 […]
Office occupational demand was robust across Asia Pacific in 2018, with overall leasing activity up an impressive 20% for the whole year. Financial, professional services and tech firms stood out as key demand drivers, while flexible space operators are still a notable source of leasing. Demand for office space remains healthy in 2019 Occupational demand […]
For FY 2018, direct commercial real estate investment volume for Asia Pacific totalled USD 160 billion, increasing from FY 2017’s figure of USD 149 billion. Out of this growing allocation of capital to real estate, a clear preference for value-add investment strategies has emerged. Figure 1 shows that core, core-plus and opportunistic strategies have remained […]
The Asia Pacific region is expected to be the standout region from a growth standpoint, with hotel investment volumes forecasted to grow by 15% year-on-year in 2019. Japan is expected to be one of the most active markets in 2019, with investor sentiment driven by the 2019 Rugby World Cup and the 2020 Tokyo Olympic […]