Market Outlook

Preqin tracks over 1,000 family offices with active investment mandates in alternatives – with fewer restrictions and more flexibility than other investor types, how are they investing? We use data available on Preqin Pro to reveal their investment preferences, from targeted asset classes to targeted real estate strategies, and current median allocation to current assets under management.

As the final-large scale development area within the 3rd Ring Road of Beijing, Lize Financial Business district (Lize FBD) has a site area of 8.09 square kilometres (87.1 million square feet), covering four administrative areas: Lugouqiao East, Wanquansi, Xiju and Taipingqiao. 

The core area of the Lize is west of…

As the final-large scale development area within the 3rd Ring Road of Beijing, Lize Financial Business district (Lize FBD) has a site area of 8.09 square kilometres (87.1 million square feet), covering four administrative areas: Lugouqiao East, Wanquansi, Xiju and Taipingqiao. 

The core area of the Lize is west of Taipingqiao Road and Dongguantou Road, east to Jingjiu Railway, north to the planned South Maliandao Road, and south to the planned Jinzhongdu North Road. 

The global financial crisis made it mandatory for corporates to bring in efficiencies in space management. The important trends that impacted the corporate world were Capex and a thriving start- up ecosystem. Moreover, the growing demand from freelancers, consultants and corporates led to co-working spaces growing like never before. Supplemented by the needs and wants of the new generation, the budding popularity of such spaces is expected to only increase further.

Co-working spaces, today, are not confined to…

The global financial crisis made it mandatory for corporates to bring in efficiencies in space management. The important trends that impacted the corporate world were Capex and a thriving start- up ecosystem. Moreover, the growing demand from freelancers, consultants and corporates led to co-working spaces growing like never before. Supplemented by the needs and wants of the new generation, the budding popularity of such spaces is expected to only increase further.

Co-working spaces, today, are not confined to small businesses or start-ups. Even large corporates are gung-ho about the concept and occupy a significant share of the pie. The flexibility intertwined with superlative amenities and a community driven ecosystem are attracting occupiers to co-working spaces. In fact, co-working space is rapidly emerging as a vital player in the commercial real estate sector of India. According to the estimates, there are approximately 325 to 330 co-working operators in the top seven cities in India. Some of the major players dominating this space include WeWork, Awfis Space Solutions, The Hive, CoWrks etc.

We live in a globally connected world and this has led to the real estate sector experiencing disruption led by nomadic millennials, who are redefining the meaning of ‘living’ and ‘working’. The concept of ‘shared economy’ has just started to unfold in India and the days ahead look much more exciting. Unlike earlier when ‘ownership’ was fundamental to success in life, today ‘sharing’ has taken the centre stage.

For most Indians, buying a home is one of the biggest decisions of their lives, and this is not surprising considering that a substantial portion of a homebuyer’s monthly salary is pledged towards repaying a home loan. Despite the fixed financial burden an EMI involves, ownership is still the biggest aspiration of millions in the country and carries with it the stamp of having ‘arrived’ in life.

In my travels across India, I have visited several destinations and met numerous homebuyers. In all such interactions I observed the rigour with which they evaluate various factors, be it social and physical infrastructure, affordability or the supply of high quality housing stock, before arriving at the big decision of where to
buy a house. Having seen that the decision making is very complex and emotional, we decided to launch a series of reports to aid this. JLL’s Tour of India’s Top Residential Hotspots attempts to facilitate the complex decision making process by identifying three residential hotspots in each city through a multiple- criteria-decision-analysis.

Beijing prime retail market is seeing landlords frequently adjust their tenant mix, as customers are seeking out more experience based and high-quality retailers.

With no new supply in Q1 2019, the overall vacancy rate edged up…

Beijing prime retail market is seeing landlords frequently adjust their tenant mix, as customers are seeking out more experience based and high-quality retailers.

With no new supply in Q1 2019, the overall vacancy rate edged up 0.2 pps QOQ to 2.3%, while the average ground floor fixed rent in Beijing’s mid to high-end shopping centres remained steady at RMB828.1 per sq metre per month, and we predict the stable trend will persist in 2019.

In addition to a revised tenant mix, we recommend landlords consider reconfiguring internal spaces, such as creating more rental spaces, or relocating tenants, to improve rental performance.

Robust consumption demand and flourishing online-to-offline (O2O) retailing, together with data-driven technologies, are reshaping the landscape of China’s logistics industry. The emerging front distribution centres (FDCs) and mini-FDCs, including cold chains, are placed much closer to customers by retailers seeking to boost efficient fulfilment of orders.

Sentiment continues to signal soft landing despite heightened uncertainty

• Respondents highlighting economic uncertainty as a catalyst for more cautious outlook, but still broadly see an expansion in rents and capital values over the next twelve months.
• Trade concerns weigh on markets in East Asia, though some Southeast Asian markets such as Vietnam seen as beneficiaries.

Data from the Asia Pacific Commercial Property Monitor suggests that several regional markets are entering a period of slower growth. The pickup…

Sentiment continues to signal soft landing despite heightened uncertainty

• Respondents highlighting economic uncertainty as a catalyst for more cautious outlook, but still broadly see an expansion in rents and capital values over the next twelve months.
• Trade concerns weigh on markets in East Asia, though some Southeast Asian markets such as Vietnam seen as beneficiaries.

Data from the Asia Pacific Commercial Property Monitor suggests that several regional markets are entering a period of slower growth. The pickup in momentum experienced during Q1 appears to have been short-lived, as sentiment is generally subdued in Q2 amid mounting downside economic risks. However, markets continue to be positioned for a soft landing, as rents and capital values are still expected to increase over the coming year (Chart 2).

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