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Korea Logistics 1H/2022
"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."
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"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."
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"While the residential property market is undergoing a correction, it also presents a rare opportunity for both end-users and investors to acquire properties at attractive price levels not seen in the last decade."
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"2020 and 2021 recorded 30 major industrial property transactions in Greater KL, amounting to RM2,158 million, indicating an influx of active investors."
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"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."
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"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."
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"Industrial properties such as logistics and industrial offices which can provide a stable 3% yield are attracting local investor attention."
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"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."
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"The IT sector has become the largest source of new transactions in 2021 for the fi rst time, accounting for 23% of the total newly leased area."
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"Beijing Grade A office market kicked off with a weak start, as absorptions declined and the vacancy rate increased in Q1/2022. Besides, rents in major prime and sub-prime markets may rebound slightly in the short term, but rental growth in the long run is still expected to remain subdued."
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"Housing market remains busy but there are signals of a slow-down ahead."