Strong tourism inflows and new infrastructure development boost hotel performance in 越南; 孟买 outperforms other Indian cities thanks to solid corporate, MICE and domestic demand; Hotel pricing in Goa moderates despite strong performance throughout peak season.
Renewal rates remain high in 澳大利亚 amid tight availability of super prime space; Solid domestic consumption and flight to quality drive expansionary demand in 日本; Expansionary demand in 越南 ensures occupancy remains high despite elevated supply.
Leasing sentiment in 中国大陆 strengthens on expansionary demand from local and international retailers; Market polarisation seen in 韩国 amid strong inbound demand and flat domestic consumption; Retailer demand in 越南 strengthens but absence of new CBD supply remains bottleneck.
Domestic capital drives office investment activity in 韩国, and competition for logistics assets remains strong; Interest rate hikes in 澳大利亚 see investors turn from cautiously optimistic to wait-and-see mode; In 香港, market sentiment improves modestly as HIBOR falls; living sector underpins investment activity.
Leasing volume in 印度 reaches record high amid robust demand from Global Capability Centres; Occupiers in 日本 prioritise core locations to attract talent amid scarce availability and rising rents; Solid demand pushes down 新加坡 CBD vacancy to record low despite cautious global outlook.
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 1 mn can buy just 16 square meters (sq m) of prime residential space, followed by Hong Kong (23 sq m) and Geneva (28 sq m). In comparison to that, in Mumbai USD 1 would be sufficient to purchase 96 sq m of prime residential real estate in 2025, dearer by 3% YoY from 99 sq m in 2024. In Delhi, one can purchase 205 sq m, also registering an increase in prices of 1.4% YoY from 208 sq m in 2024. Prime residential purchase in Bengaluru has risen the highest in this context by approximately 3.5% YoY from 370 sq m in 2024 to 357 sq m in 2025.
Hyderabad, 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 USD1 mn, one can purchase just 16 sq m of prime residential space, followed by Hong Kong (23 sq m) and Geneva (28 sq m).
Mumbai, April 23, 2026: Knight Frank, the leading independent global property consultancy, has unveiled the 20th edition of The Wealth Report 2026, reaffirming Mumbai’s position as the epicentre of India’s ultra-high-net-worth (UHNW) population. The city accounts for 35.4% of India’s ultrawealthy, underscoring its continued leadership in wealth concentration and luxury real estate demand.
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.
Kemmu Kawai 于 2022 年 9 月加入 Longevity Partners Japan，担任国家总监。他常驻东京，负责日本、亚太地区及其他地区的所有业务和活动。他拥有超过 16 年的金融从业经验，专门从事房地产和信贷投资。在加入 Longevity Partners 之前，他曾在 Norinchukin 银行担任投资组合经理，并在 Center Point Development 担任投资经理。.
Kemmu Kawai
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