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Auckland CBD Retail Market Snapshot Q3 2019
Wellington Industrial Market Snapshot Q3 2019
Smart cities risk curtailing potential by prioritising technology over people
Global commercial real estate investment reached an all-time high of US$800 billion in 2019
As cities across the globe look to curb climate change via car restrictions, parking lots could become available for redevelopment
Bangkok, Chiang Mai, Hua Hin & Cha Am, Koh Samui, Krabi, Pattaya, Phang Nga & Khao Lak and Phuket are the eight markets covered in our latest Hotel Destinations Thailand report.
The built environment is ripe with solutions for helping tackle climate change
Why making sense of the data deluge is key for cities and commercial real estate
Investment in Asia Pacific real estate is set for another strong year in 2020. Foreign investments into Asia Pacific are at a decade-high.
Investors are paying closer attention to which projects can have the biggest positive impact on society and the environment.
The rise of Indian travelers contributed to a record number of tourists last year
If the last 10 years are anything to go by, real estate is in for big changes
Landlords see boutique gyms as a way to drum up business at surrounding stores
Looking back reveals just how much has happened in the last 10 years
From flexible space to greater sustainability, this new year has a lot in store
Service and technology are reaching new levels in the office to enable a happier and more efficient workforce
Landlords are incorporating flexible space in their buildings, prioritizing it as an essential feature. By doing this, they aim to unlock more cash flow and even build a pipeline of future tenants.
Flexible space remains popular among start-ups and small firms. But now even corporate occupiers are increasingly incorporating it into their Asia Pacific leasing strategies.
Let’s look at what the future of work looks like and the four primary areas that smart companies are focusing on to harness change.
With over five million apps available across the world, just about every fathomable function of daily life can be aided by a finger-tap on a smartphone.
New designs are creating a better employee experience while delivering environmental benefits
Leaps in technology have brought our everyday lives closer to the storylines of science fiction films.
As competition tightens in core sectors in Australia, investors are looking to diversify into Alternative real estate for risk-adjusted returns.
Today’s landlords are increasingly aware that incorporating high-quality space for collaborating and socializing in their office buildings is a better way to catch the eye of companies hunting for new premises.
Investors are looking at opportunities in life sciences, offices and UK cities as momentum returns to the country’s economy
Singapore’s commercial real estate market has bucked the trend this year, and looks set for a strong 2020.
As shopping habits evolve, retailers are turning to artificial intelligence to help predict customer behaviour and offer a more personalised experience.
In cities around the world, four fast-evolving economies are making their mark
The once-shuttered retailer has opened experiential play centers ahead of the holidays
Buying online and picking up in store is gaining traction
Upper-tier retailers continue to drive elevated demand for prime CBD retail space.
Overall vacancy rates remain low, while rental rates continue their upward trajectory, with the average prime rate now sitting at $148 psm.
The Christchurch office market is still experiencing little movement in vacancy rates, indicating more stability.
The rental market was characterised by another period of relative stability in 3Q19, with minimal rental growth recorded across the markets tracked.
The Southern Corridor was the only decentralised market to see rental growth in 3Q19. It recorded a 2.8% increase to place the average rental rate at $273 psm.
With the introduction of additional international retailers into the Auckland market during 3Q19, demand may see an uptick in 2020 and beyond.
Despite an overall softening of underlying economic fundamentals, occupier demand has remained stable in 3Q.
Demand for industrial stock in Christchurch has shown some stabilisation. The vacancy rate only increased by 10 bps from our 2H18 to 1H19 vacancy surveys, up to 4.9% from 4.8%.
Suburban retail rents have continued to fall, with the prime average falling to $1,138 psm, a 2.1% reduction over last quarter.