Skip to main content Skip to footer

Fortnightly Real Estate Update | 16 August 2021

Colliers Asia - Research - Talking Points Fortnightly Real Estate Update

Insights and recommendations for occupiers and investors in Asia Pacific based on the previous fortnight’s market events.


Markets in focus this week:

 

Singapore - Retail H1 2021

Affordable rents present opportunities for new brands to enter the market

Average retail rents declined 2.4% in H1 2021, despite net absorption turning positive. With landlords prioritising occupancy, we see an opportunity for new brands to enter the market via concept or flagship stores, as part of an omni-channel distribution network. We recommend retailers and landlords accelerate and synergise their digitalisation efforts, align online and offline pricing strategies, and innovate with refreshing product offerings and marketing efforts.

For more insights, reach out to Shirley Wong.

Read more

Back to top

 

Beijing - Business Parks H1 2021

High levels of pre-leasing should lead to a pick-up in rents in H2 2021, despite new supply of nearly 450,000 square metres in H2 2021

The 2021 supply peak should alleviate shortages in some submarkets, but increasing demand will minimise any rental declines. We recommend tenants carefully evaluate tax benefits and other incentives when looking for business park space.

For more insights, reach out to Cassie Gao or Ming Lu.

Read more

Back to top

 

Australia - Office H1 2021

Market conditions varied, Sydney CBD seeing a big bounce back in enquiries

The Sydney central business district (CBD) has seen a big bounce back in enquiry numbers and area likely due to Sydney's restrictions easing earlier than those in Melbourne, offering more time for recovery.

When we consider enquiry size made in the first half of 2021, 81% of all enquiries have been for space under 1,000 sqm. All size segments have recorded more enquiries year on year with only the 3,000+ sqm segment recording less area enquired on prior year, down 16%.

For more insights, reach out to Joanne Henderson.

Read more

Back to top

 

New Zealand - Commercial and Industrial

Investor confidence hits new highs, but will it continue?

Results from Colliers’ sentiment surveys show that investor confidence in the commercial and industrial sector as well as the future expectations in residential prices rebounded strongly over the past year. Confidence measures have reached record highs in recent months as concerns over the impact of COVID-19 have dissipated, but will confidence continue?

For more insights, reach out to Chris Dibble.

Read more

Back to top

 


Related Experts

Chris Dibble

National Director | Colliers Partnerships, Research & Communications

Auckland

Chris Dibble oversees three key business units at Colliers New Zealand - Colliers Partnerships, Research and Communications.

Colliers Partnership priorities focus on support initiatives that drive collaboration, best practice learning, cost efficiencies, and growth opportunities across the wider Colliers franchise network.

As the head of research for Colliers, Chris oversees the collaboration and delivery of award-winning research reports. He is a regular presenter and market commentator, often discussing the latest insights on current and future property trends.

Chris also leads  PR and communications for Colliers. He works with in-house and external writers to curate an audience-focused content delivery strategy. 

With over 15 years of experience and university qualifications in economics, geography, marketing and property, Chris provides a multi-disciplinary approach that assists a broad range of clients and internal stakeholders.

View expert