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The report evaluates the demand and potential of Affordable Housing in India by 2030 and speaks about the requisite steps that stake holders should take to meet this demand.

この記事は元々 https://www.knightfrank.co.in/

Key Occupier Trends

  • Warehouse demand remains firm; net absorption sets new record
  • Supply chain disruption delays decision-making in emerging markets
  • Online retailers and 3PLs drive demand; occupiers strengthen last-mile capabilities
  • Logistics space near transportation hubs keenly sought after

Key Investment Trends

  • Purchasing activity continues to be strong; modern logistics properties remain primary focus
  • More investors commit capital into logistics development funds
  • Logistics capital values continue to rise
  • Well-located older properties offer upgrading opportunities

この記事は元々 https://www.cbre.com/

主な傾向

  • Purchasing activity continues to be strong
  • Stabilised prime CBD offices remain sought after
  • Solid demand for industrial assets drives further yield compression
  • Selected investors display higher risk appetite for office, industrial and hotel value-added opportunities
  • Banks in major markets remain accommodative; while those in Southeast Asia adopt conservative attitude

この記事は元々 https://www.cbre.com/

Key trends

  • Retail sales growth slows
  • Many retailers push back expansionary plans to 2022
  • F&B dominates leasing demand
  • Leasing in CBD areas remains limited
  • Pandemic-related risk remains major concern
  • Recovery to regain momentum as festive season nears

この記事は元々 https://www.cbre.com/

今月初めに予定されているFOMC会合を前に、アジア太平洋地域の株式市場は最初から不安定な値動きを覚悟していた。.

広く予想されていた動きとして、FRBはパンデミック期の経済支援策を縮小する計画を改めて発表し、資産購入額を月額1兆4,000億米ドル、1兆5,000億米ドル削減すると発表した。これにより、FRBは2022年半ばまでにこのプログラムから脱却する見込みとなった。.

韓国とニュージーランドの金融当局も同様に、政策金利をさらに25ベーシスポイント引き上げた。これらの動きはほぼ織り込み済みだったものの、月末までの市場心理を先取りする動きとなった。.

新型コロナウイルス感染症(COVID-19)の新たなオミクロン変異株の検出(保健当局は変異が著しく進んでいると指摘)を受け、投資家はパンデミックの再拡大と経済成長への潜在的な影響を懸念し、株式売りが急増した。MSCIトータル・リターン指数で評価されたこの地域の株価は、前年比で最低値に下落した。.

この地域の REIT は比較的回復力があり、この月は 3% を失い、地域全体の株式市場を上回りました。.

APREA の 2021 年第 3 四半期のアドボカシー速報の完全な更新については、以下をお読みください。次の項目が含まれています。

中国

  • NDRCは2021年6月29日にさらなる通知を発表しました。この通知には、適格資産クラスとして「手頃な価格の賃貸住宅」が含まれています。.

香港

  • FSDCは2021年5月に「香港REIT市場の活性化」に関する論文を公表した。.

インド

  • REITの力強い復活
  • 国家収益化パイプライン(NMP)
  • PFRDAは年金基金がREITやInvITの債券に投資することを許可している
  • インド初のバッドバンクは不良資産の救世主となる
  • RBIは、FPIによるREITおよびInvITの債券への投資を許可する通知を出した。

マレーシア

  • マレーシアは下半期に大規模なインフラ整備を計画

シンガポール

  • シンガポール証券取引所上場企業に対する気候関連情報開示と取締役会多様性方針の要件が提案される
  • フェーズ2(警戒レベル強化)の影響を受ける中小企業・特定非営利活動法人等に対する家賃免除の枠組み
  • シンガポールのSPAC上場制度は2021年9月3日に発効

New Zealand’s recovery from the impact of Covid-19 got underway in 2021 however by this was derailed in August by the Delta variant, which returned the country into a nationwide lockdown, and resulted in the closure of the trans-Tasman bubble border.
 
Despite the Covid-19 challenges, transaction activity has remained buoyant with $300+ million sales YTD in 2021, characterised by firm yields, unsatisfied capital, and a scarcity of quality purchase opportunities.

この記事は元々 https://www.cbre.com/

Fukuoka’s residential market remains resilient

  • Fukuoka has been the fastest growing city among major regional cities in Japan.
  • The city’s compact and convenient layout, young demographics, and accommodating attitude towards new ideas attract students, workers, and entrepreneurs.
  • With the leadership of its media-savvy mayor, Fukuoka is striving to become a leading city in Asia with start-ups, digital transformation, and redevelopment.
  • The central areas, such as Tenjin and Hakata, have seen sound demographic growth, and redevelopment projects such as Tenjin Big Bang and Hakata Connected should further help to make these areas attractive.
  • As a major beneficiary of inbound tourism until the pandemic, the progress towards the normalisation of international travel is a welcoming development for Fukuoka.

この記事は元々 https://www.savills.co.jp/

Following the COVID-19 pandemic in 2020, Australia’s anticipated gradual recovery in 2021 was derailed by the DELTA variant which returned Sydney, Melbourne and Canberra into extended lockdown and border closures nationally.

The lockdowns and associated travel restrictions have activated Australians to become “double vaccinated” with the 80% target to be achieved by December this year, which will then increase to 90%.

Restricted international travel will recommence in Australia in November 2021 and will gradually increase as travel bubbles are initially established, which will inevitably lead to normal international travel.

Despite the COVID challenges, transaction activity has remained buoyant with $1+ billion sales YTD in 2021, characterised by firm yields, unsatisfied capital, and a scarcity of quality purchase opportunities. 

This augurs well for improved conditions in 2022 after the summer break and we would expect that:

  • Domestic leisure will return to key city destinations, having been absent for two years and to experience new hotel inventory
  • Domestic leisure will continue to support the regional drive markets
  • Corporate activity will begin to rebound in Q1 2022 and continue as Australia “gets back to business”
  • International travel will resume and gradually build with IATA expecting that 2019 levels will be reached in 2023/24.

この記事は元々 https://www.cbre.com/

Investment sentiment continues to recover

North Asia led the region’s recovery with a strong flow of investment activity while Southeast Asian markets are anticipated to steadily reopen borders by implementing a variety of travel schemes.

  • In Q3/2021, an APAC hotel investment volume of US$2.2 billion was registered across 43 transactions, up 12% yearon- year (YoY). 75% of the transactions were completed by domestic buyers. The top three most active markets this quarter were Japan, South Korea and Taiwan, together accounting for 51% of the total regional hotel sales volume. 
  • With three transactions, Japan led the region with a total hotel transaction volume of US$590 million, a sharp increase compared to the same quarter last year which reported US$168 million
  • Taiwan recorded US$265 million across six transactions. This reflects a decrease of 72% YoY, mainly due to the sale of Sunworld Dynasty, largest hotel transaction of 2020. 
  • Reporting the highest number of transactions in the region this quarter, South Korea registered US$253 million across ten transactions.

この記事は元々 https://www.savills.co.jp/