Commercial Retail
What’s driving Delhi’s strong retail leasing momentum?
Delhi retail leasing volumes rose 34% to 0.45 msf in Q3.
What’s driving Delhi’s strong retail leasing momentum?
Delhi retail leasing volumes rose 34% to 0.45 msf in Q3.
How did Australia’s retail property sector fare in Q3?
Vacancies and occupancy costs have improved.
Singapore overall prime retail rents up 4.3% in Q3
Marina Centre, City Hall, and Bugis registered the highest annual growth of 5.3%.
Singapore retail rental and price indices rise for second consecutive quarter in Q3
Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively.
Jakarta retail supply remains stable at nearly 5m sqm as of Q3
Two new malls will add 85,000sqm by year-end.
Hong Kong high street rents to increase by 8% for full-year 2023
Market recovery should gain momentum by the second half of next year.
What could drive mall occupancy rates in Jakarta in the near term?
There is a palpable eagerness for retailers to open new stores.
Which retail submarket recorded the lowest Q3 vacancy rate in Hong Kong?
The vacancy rate in this submarket declined by 2.6ppt to 5.3%.
Bangkok retail supply currently at 7.6m sqm as of mid-2023
A few mega shopping centres are under construction.
Bangkok retail rental discounts reduced to 0-4% in mid-2023
Foreign arrivals have reached 80% of pre-pandemic levels.
Hong Kong sees improved retail property sales transactions
A retail unit was recently sold for HK$370m.
Queensland retail rents record its largest quarterly movement since Q1 2022
CBD rents declined 2.5% in Q2.
Robust demand to drive Singapore retail rents for the remainder of 2023
Thanks to the ongoing tourism recovery.
Manila retail store closures drop by 29% in Q2
Almost a quarter of closures were by F&B brands.
Seoul shopping mall rents inch up 0.8% in Q2
High street rents also slightly increased by 0.6%.
Sydney CBD retail rents drop by nearly 10% in Q2
This is the largest rental movement in this subsector.
These were the new retail openings in Tokyo in Q2
Luxury brands continue to drive demand for prime spaces.