Connect with us on

Linkedin-in Facebook-f X-twitter Instagram Weixin

Connect with us on

Linkedin-in Facebook-f X-twitter Instagram Weixin
APREA Logo
APREA Logo

Knowledge Hub

Search Filter

The report comprises 4 sections covering

1. Market Conditions and Outlook

2. The Negotiation Process

3. Hot Topics for The Sector

4. Tenant Insights

Respondents spanned both sides of the market…

The report comprises 4 sections covering

1. Market Conditions and Outlook

2. The Negotiation Process

3. Hot Topics for The Sector

4. Tenant Insights

Respondents spanned both sides of the market, with Cushman & Wakefield surveying tenant representatives and landlords active in Australia’s Eastern seaboard office markets of Sydney, Melbourne and Brisbane.

SURVEY METRICS

In total there were 103 respondents, of whom 35 were tenant representatives and 68 were landlords. Respondents were active in the Sydney (43%) and Melbourne (36%) markets, with a smaller proportion active in Brisbane (21%).

VIEW FULL ARTICLE
  • In Q2, the proportion of cross-border capital in Asia Pacific dropped to 30% from 41% in the first quarter of 2019. The major driver behind this was a slowing from U.S. and European players.
  • Singaporean investors became the largest Asian investor group in the region, followed by China.
  • With improving fundamentals, Thailand’s property market will continue its growth trajectory but accompanied by challenges like new mortgage regulations and slowdown in growth of international arrivals.

VIEW FULL ARTICLE
  • Japan real estate continued to outperform all countries in Asia Pacific, against a backdrop of strong property fundamentals. New Zealand also remains on the investor radar, with its property markets showing promising signs of growth.
  • J-REITs and Thailand REITs were top performers in September and also on a trailing one-year basis. The J- REIT market will remain well supported, with the Bank of Japan buying J-REIT shares as part of its stimulus plan.
  • Singapore REITs have also been on the spotlight for their offshore expansion, buying a record US$2.7 billion of assets this year to date, thus making “them” the largest cross border spenders among REITs globally.
VIEW FULL ARTICLE
  • As the world‘s largest repository for storing and processing data, Singapore becomes a globally popular data centre investment hub. Singapore data centre REIT provided attractive returns up to 51 per cent returns by Keppel DC Reit to the investor.
  • The long-awaited first Philippine REITs is imminent to be listed by year ends as the government has agreed to relax the law’s restrictive rules in a decade after the law was passed by Congress in 2009.
VIEW FULL ARTICLE

Straight-talking CEO of real assets management firm, ARA Asset Management (ARA), John Lim, graced the stage at the Singapore Leadership Dialogue Luncheon organized by the Asia Pacific Real Estate Association (APREA) on August 1st held at the Tower Club. Part of an ongoing series, APREA’s Leadership Dialogue Luncheons have, in the past, hosted property luminaries including former GIC Group President Lim Siong Guan and former Chairman of Ascendas, Dr Teh Kok Peng. Widely recognized as…

Straight-talking CEO of real assets management firm, ARA Asset Management (ARA), John Lim, graced the stage at the Singapore Leadership Dialogue Luncheon organized by the Asia Pacific Real Estate Association (APREA) on August 1st held at the Tower Club. Part of an ongoing series, APREA’s Leadership Dialogue Luncheons have, in the past, hosted property luminaries including former GIC Group President Lim Siong Guan and former Chairman of Ascendas, Dr Teh Kok Peng.

Widely recognized as one of the pioneers for REITs in the region, including the listing of Asia’s first cross-border REIT, John’s vision has, in just 17 years, built ARA into one of Asia Pacific’s most successful and fastest growing real assets fund management companies. Since its co-founding with Cheung Kong Holdings in 2002 – a story that has its own place in corporate folklore – ARA Group and its associates now manage some S$80 billion in gross assets with a footprint that spans over 23 countries, including 21 public and private listed REITs across the Asia Pacific. In a lively, candid session, John, who is also the Chairman of APREA, shares his management philosophy and his worldviews, dishing out nuggets of wisdom and his take on the real estate investment landscape in Singapore and the region.

VIEW FULL ARTICLE

Asia Pacific REITs were least impacted with relatively lower volatility in July and remain the strongest long-term performer.

Hong Kong stocks declined as fears over protests grow and the social unrest knocks investor confidence. Hong Kong listed real estate market witnessed hardest hit among other rivals. Additionally, lower mainland demand against slowing China economy have hindered commercial rentals in Hong Kong.

Japan REITs recorded the highest total returns 4.4% in July. Institutional investors piled into REIT as they consider yields of government bond continue to decline.

VIEW FULL ARTICLE

The Honourable Ministry of Housing and Urban Affairs (“MoHUA”) has released the draft Model Tenancy Act, 2019 (“Act”) and invited public comments on the same. APREA and its members have outlined the attached comments for the consideration of the Ministry before the finalization of the Model Act and its adoption by the State Governments. 

VIEW FULL ARTICLE

We would like to commend the MAS for taking proactive measures to constantly review Singapore’s REIT framework so that it remains relevant to the evolving landscape in the region as well as globally.

VIEW FULL ARTICLE

The Southeast Asia (SEA) region including Singapore, Indonesia and Malaysia will be the fastest growing region for co-location data centres over the next five years, with its market size expanding by a compounded annual growth rate (CAGR) of 13 per cent between 2019 and 2024.

VIEW FULL ARTICLE
  • Japan’ s hotel market achieved the largest domestic transaction volume in Asia-Pacific at US$1.1 billion in the first six months of 2019. Japanese REITs comprised nearly 50 percent of total transaction volume.
  • Ayala Land Inc. (ALI), a leading property developer in the Philippines, planned to raise $300M to list the first REIT in the Philippines.
VIEW FULL ARTICLE