资本市场

23rd April 2026 – Knight Frank, the leading independent global property consultancy today launched its landmark 20th edition of The Wealth Report which reveals The Knight Frank Luxury Investment Index (KFLII) recorded a marginal -0.4% decline in 2025, signalling stabilisation after two years of broad correction across several collectible categories. Strength returned to segments focused on rarity, cultural significance and exceptional provenance, reflecting a more disciplined and selective global collector base.

Mumbai, April 23, 2026: Knight Frank, the leading independent global property consultancy today launched its landmark 20th edition of The Wealth Report 2026, which reveals a dramatic acceleration in global wealth creation despite substantial geopolitical uncertainty, concerns over rising interest rates and uneven economic performance. The world’s ultra-high-net-worth1 individual (UHNWI) population increased to 713,626 in 2026 adding 162,191 since 2021 when the population count was at 551,435 – adding an average of 89 new UHNWIs every day in the last five years.

Mumbai, April 23, 2026: Knight Frank, the leading independent global property consultancy today launched its landmark 20th edition of The Wealth Report which reveals a dramatic acceleration in global wealth creation despite substantial geopolitical uncertainty, concerns over rising interest rates and uneven economic performance. The world’s ultra-high-net-worth individual (UHNWI, USD 30m+) population increased by 162,191 between 2021 and 2026 – equivalent to 89 new UHNWIs every day – bringing the global total to 713,626.

Chennai, April 23, 2026: Knight Frank, the leading independent global property consultancy, in its landmark 20th edition of The Wealth Report 2026, highlighted that Chennai now accounts for 4.8% of India’s ultra-high-net-worth (UHNW) population. This marks a rise from 1.3% in 2015 to 4.8% in 2025. On a global scale, the ultra-high-net-worth individual (UHNWI) population (USD 30 mn+) grew by 162,191 between 2021 and 2026—adding the equivalent of 89 new UHNWIs every day. This takes the total global UHNW population to 713,626.

Bengaluru, April 23, 2026: Knight Frank, the leading independent global property consultancy today launched its landmark 20th edition of The Wealth Report. According to Knight Frank’s Prime International Residential Index (PIRI) Tracker: How much prime property does USD 1mn buy?, Monaco retains its position as the world’s most expensive prime residential city in 2025, where with USD 1mn, one can purchase just 16 square meters (sq m) of prime residential space, followed by Hong Kong (23 sq m) and Geneva (28 sq m).

This year’s edition of The Wealth Report reveals how private capital is adapting to a fractured geopolitical landscape, seeking agility, targeting value‑add opportunities and responding to significant shifts in real estate markets

主要收获

• The “flight-to-quality” movement that was evident in the previous quarters seem to have tapered off, which was supported by the lack of new supply of premium office buildings and strong occupancies of existing buildings.
• According to data compiled by Savills, the vacancy rate for CBD Grade A offices dipped by 0.1 of a percentage point (ppt) quarter-on-quarter (QoQ) to 6.6% in Q1/2026. This was the second consecutive quarter of decline and the lowest since Q3/2024 when vacancy was at 6.1%.
• The limited supply pipeline and low vacancies of premium offices enabled landlords to have strong holding power and increase the asking rents. As such, average CBD Grade A office rents continued to rise for the eighth consecutive quarter by 0.6% QoQ to S$10.02 per sq ft in Q1/2026.
• Although geopolitical tensions remain high, the low vacancy levels and a low new supply environment is shoring up Grade A CBD office rents. Considering all these points, we have revised our rental forecast for 2026 upward, from 2% to a range of 3%–5% year-on-year (YoY) growth. Gross rents could receive additional upward support should energy costs rise further, and landlords pass these increases through to tenants.

亚太地区数据中心市场概况

亚太地区继续大幅增长，在 2025 年期间增加了约 1557 兆瓦的运营容量。同期，开发管道也增加了 5033 兆瓦。尽管运营存量急剧增加，但空置率却从 2024 年下半年的 12.4% 下降到 2025 年下半年的 10.9%，反映出亚太地区对数字基础设施的强劲需求。.

印度的灵活空间市场经历了该国商业地产史上最戏剧性的转变之一。从 2017 年交易量仅占 220 万平方英尺的小众类别，到 2025 年，该细分市场已扩大到 1860 万平方英尺，八年间增长了 8.4 倍，年复合增长率达 30%，大大超过了同期增长 9% 的更广泛的办公楼市场。这种结构性的超常表现反映了从全球企业到早期初创企业的占用者对工作空间的构想、消费和签约方式发生了根本性的调整。.

亚太地区投资洞察--2026 年 3 月报告》发现，2025 年的投资额达到 $1,620 亿美元，同比增长 8%，这主要得益于市场清晰度的提高、金融条件的放宽以及买家信心的恢复。.

主要亮点包括：

• 国内资本仍然是该地区的支柱，跨境投资者则重新参与香港、新加坡和印度的投资。.
• 韩国、日本和新加坡的产量居首，而新加坡（35%）和印度（29%）的年增长率最为强劲。.
• 写字楼继续占据主导地位，物流业达到 1301 亿美元，零售业因景气改善而增长了 1513 亿美元。另类投资仍是增长最快的领域。.
• 投资者正在 “从谨慎转向坚定”，以更有选择性、以质量为导向的方法来影响投资活动。.

随着利率的稳定和跨境资本流动的逐步恢复，2026 年的发展势头将进一步增强。.