asia pacific report

"Rising interest rates and inflation affect sectors differently, but for now, real estate looks like a beneficiary."

"China plans to maintain its manufacturing edge through the modernisation of its industrial sector and taking a leading role in new economy fields. This in combination with increasing investments into foundational basic sciences that will underpin long-term demand for business and science parks."

"2020 and 2021 recorded 30 major industrial property transactions in Greater KL, amounting to RM2,158 million, indicating an influx of active investors."

"A higher cost of capital, as well as rising raw materials prices and wages have aggregated into a significant increase in construction costs, a notable trend that will contribute to tighter supply in the mid-to-longterm."

"Industrial properties such as logistics and industrial offices which can provide a stable 3% yield are attracting local investor attention."

"After removing the ‘Test & Go’ restriction, Thailand’s tourism industry finally hit one million international arrivals in the first five months, raising the hopes of hoteliers."

"Over the first quarter of 2022, average occupancy has climbed to 62% versus 42% in the previous year, while average daily rates have increased by 12.4% YoY."

"Several renowned retail brands have increasingly set foot or expanded in Shenzhen in the last two years as the city has continued to leverage its economic resilience and strong demographics. However, the retail property leasing market has demonstrated a growing concern for the recurrent covid cases and more fundamentally, the related prevention and control measures with negative consequences for the retail operations across the board."