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What’s next for Brisbane CBD?
Brisbane market on the rise. Click on the Download button for more information on the:
What’s Next?
HIGHLIGHTS
Vacancy compression continued in H2 2018. Click on the Download to find out more on:
The Sydney CBD’s latest vacancy rate was recorded at just 4.6%, highlighting that landlord favourable conditions are still in full effect. Cushman & Wakefield’s office market forecast and responses from a survey of market professionals‡ both suggest that the vacancy rate will continue to tighten to around 4% over the year ahead. In the year to July limited space availability stymied net absorption to just 9,489sqm.
Hyderabad office market, in the short to medium term, is likely to see a continuation of the current low vacancy scenario which is being further exacerbated by most of the upcoming supply of 2019 already pre-committed.
Mall vacancies which spiked during the second half of 2018 have declined to 5% levels again. Tenants were quick to grab quality space options available in operational malls. Fashion & Apparel, F&B were dominant with more than half of the leasing share during the quarter. Brands such as Fila, Kompanero, Da Milano, Rare Rabbit, Tarun Tahiliani etc. have opened stores recently. Sephora, the international multi-brand personal care & beauty retailer has recently launched two stores in prime retail malls.
Kemmu Kawai joined Longevity Partners Japan in September 2022 as the Country Director. Based in Tokyo, he oversees all operations and activities in Japan, the Asia-Pacific region and beyond. He brings him more than 16 years of experience in finance where he specialised in real estate and credit investments. Before joining Longevity Partners, he served as a Portfolio Manager at Norinchukin Bank and as Investment Manager at Center Point Development.
Kemmu Kawai
Managing Director
Longevity Partners
