知识中心

• 对人工智能（AI）取代知识型员工的担忧给办公室市场带来了更多痛苦。.
• 从更广泛的角度看待人工智能的经济影响，应考虑其可能产生的积极影响。.
• 人工智能可以提高工人的生产率和经济需求，从而促进对其他类型商业地产的需求。.

CBRE’s 2023 Global Occupier Sentiment Surveys feature insights from more than 400 corporate real estate executives across multi-national and domestic companies around the world. Their insights on the future of work have identified five trends that will guide global organizations as they optimize their portfolios:

• People are using the office less frequently than they did prior to the pandemic, but attendance is continuing to rise.
• Globally, the office remains a core element of corporate culture.
• Focus on portfolio optimization means more than space downsizing.
• Occupiers trade quantity for better quality space.
• Occupiers seek more flexibility in lease terms and building services.

Survey results portend an increase in office attendance globally in the coming year, especially in markets where employee return has been lagging.

本报告最初发表于 https://www.cbre.com/insights/reports/2023-office-occupier-sentiment-survey-global-summary

主要发现

随着 ChatGPT 等新产品的出现，人工智能改变全球经济的潜力已经引起了全世界的关注。

• 人工智能具有重塑房地产的巨大潜力，其近期和长期影响涵盖了新市场和资产类型的出现，以及投资和收入模式的创新。.
• 快速发展的人工智能生态系统及其配套基础设施将推动全球不同市场对房地产的需求。.
• 房地产科技的普及为人工智能在房地产领域的应用奠定了坚实的基础。各机构需要考虑如何以战略性和合乎伦理的方式利用人工智能，并在大规模应用之前进行试点，以期最终创造价值。.

Japan is the third most sought-after investment destination within APAC for Singapore-based investors, only trailing behind the Chinese Mainland and Australia.

Between 2013 and 2023, an estimated USD 16.2 billion has been injected into Japan’s commercial real estate (CRE) market. Significantly, 12% of this capital influx occurred in the first half of 2023, highlighting a pronounced surge in investor interest.

How have the Japanese government’s monetary policies impacted real estate investors?

The Japanese government’s monetary policies to stimulate domestic inflation have proven to be a significant advantage for real estate investors. This is particularly evident as the Japanese yen has recently touched multi-year lows compared to major global currencies. This trend has created a favorable environment for those in the real estate market.

Despite recent adjustments to its yield curve control targets, the yen’s depreciation against the Singapore dollar was unmistakably pronounced, hitting an unprecedented low in 2023. The added firepower has put Singapore as the top cross-border investor in Japanese real estate so far this year.

Following the lifting of pandemic control measures at the end of 2022, China’s consumer market has rebounded strongly. National total retail sales of consumer goods grew by 8.2% y-o-y in H1 2023, with the contribution rate of final consumption expenditure to economic growth reaching a record-high 77.2%. Domestic demand is now firmly established as the main engine of economic growth.

At the same time, the impact of COVID-19 on the consumption, lifestyles, and values ​​of domestic residents is accelerating the emergence of structural trends that will have a far-reaching impact on the retail sector in areas ranging from store strategy to sustainable development. These trends will also influence demand for retail properties and asset management.

This report by CBRE identifies the main trends characterising China’s retail property market in the post-pandemic era and provides recommendations for retail occupiers, investors and developers preparing to navigate what will be a critical period for the cyclical recovery of China’s retail market and normalisation of domestic consumption.

本报告最初发表于 https://www.cbre.com/insights/reports/retail-in-the-post-pandemic-era-trends-and-opportunities

Retail leasing demand in the world’s leading retail markets continues to rebound as economic activity recovers in the wake of the COVID-19 pandemic. The Tokyo retail market is no exception, with a resurgence in retailer demand having commenced in H2 2022.

In addition to existing retailers looking to increase their store numbers, several overseas brands have made their first ventures into the Japanese market. As was the case prior to the pandemic, Tokyo continues to be a preferred location for retailers seeking to establish or extend their store presence.

This report compares Tokyo with several of the world’s other major retail markets including New York, London, Paris, Milan, Shanghai, Hong Kong, and Singapore and explores the following factors that make Tokyo, and Japan as a whole, an attractive location for retailers to establish stores.

Tokyo: Rents are reasonable when compared to city GDP
Japan: E-commerce ratio as a percentage of total retail sales is low
Japan: Inbound tourist numbers and tourist consumption have demonstrated considerable scope for growth

本报告最初发表于 https://www.cbre.com/insights/viewpoints/tokyo-the-city-of-choice-for-retailers

亚太地区的一级和二级数据中心市场继续积极扩张，整个地区有 9.7GW 已投入运营，3.3GW 在建，8.5GW 处于规划阶段。.

北京、香港、孟买、首尔、上海、悉尼和东京这些惯常的主要市场，尽管因缺乏地块和电力供应而面临不利因素，但仍在继续增长。因此，作为扩张战略的一部分，正在对辅助地点进行评估。新加坡的 IT 容量受暂停令限制，导致市场需求得不到满足，并蔓延到柔佛等近岸市场。同样，大雅加达地区庞大的开发量也得益于其在东南亚的中心地理位置，而该国巨大的人口增长也使其对主要投资者和运营商保持了吸引力。.

全球云服务提供商（CSP）继续对本地区的二级市场表现出明显的兴趣。超大规模的 CSP 已计划进驻奥克兰、曼谷、釜山、吉隆坡、大阪、浦那和台北等二级市场。 主机代管运营商、开发商和投资者倾向于跟随 CSP 进入新领域，部署自己的数据中心，这将使二级市场吸引新的参与者，并在未来几年实现快速增长。.

亚太地区数据中心的发展速度各不相同，因此，我们首次推出了亚太地区数据中心市场成熟度指数，每季度跟踪一些著名市场的发展变化。本报告将深入探讨 12 个著名市场：东京、孟买、悉尼、新加坡、首尔、柔佛、雅加达、香港、马尼拉、曼谷、奥克兰和胡志明市。.