covid 19

"While July and August saw further falls in retail sales, albeit at a slower rate, we began to see signs of returning foot traffic in September.  "

"Warehouse vacancy has stabilized with more renewals and consolidation of leases taking place thanks to greater flexibility in rental negotiations."

"Strata-title sales have staged a muted rebound but banks’ prudent mortgage policies are hindering cash-strapped investors from re-entering the market."

"A mixed picture of rental development is reflecting business uncertainty as well as local market dynamics."

"Opportunities are starting to emerge as the regional economies recover gradually from the pandemic. Real estate transactions picked up in Q2, and the industrial sector is leading the comeback with a large number of data centre portfolio deals in the pipeline."

"Prime office rental markets in most cities have entered a down-cycle, with rental movements over the second quarter ranging from -12.0% (Hong Kong) to +2.6% (Seoul). "

"Domestic tourism has fueled the improvement in hotel performance across the APAC markets in Q2 2020. However, transactional activity has remained subdued."

"Asia Pacific Investment Quarterly for Q2/2020 covers all major investment transactions of 18 cities in 11 countries around the region."

"Luxury houses in the New Territories are highly sought after with health concerns pushing end users to look for residences in lower density areas with more outdoor space."

"Modern warehouses saw rising vacancies with freight forwarders and 3PLs continuing to lose business due to global supply chain disruptions as well as weaker local consumption."