市场前景

2021 年上半年，流入印度房地产的私募股权（PE）资金达到 29 亿美元，比 2020 年上半年增长了两倍多。未来三年，随着全球私募股权基金与当地开发商之间形成更多的投资平台，我们预计将有更多的资金投入到 "按核心建造 "的综合体、办公楼和物流资产中。我们预计，2021 年私募股权基金的资金流入总额将达到 50 亿美元。.

高力国际研究公司（Colliers Research）最新快报中的一些要点包括 ‘关注另类资产类别，为投资注入动力’ 是

• 投资者继续寻找土地或处于在建阶段的资产，因为他们希望为将来的房地产投资信托基金上市建立自己的投资组合。在写字楼投资总额中，约有 86% 投资于土地或在建项目。.
• 2021 年上半年，零售资产投资占总投资的 29%，原因是投资者对稳定的零售资产以及与特定开发商合作的地面开发项目的投资偏好保持不变。.
• 电子商务公司对物流空间的需求增加，反过来又引起了机构投资者的持续关注，2021 年上半年，机构投资者的资金流入量约为 7.75 亿美元。.

In this edition of The Reimagined Workplace Q&A series, we collaborate with Patrick McCreery, Global Head of Commercial and GM for Southeast Asia at Keppel Data Centres, to focus on disaster recovery – also known as business continuity planning – and discuss how the work ‘place’, ‘space’ and ‘pace’ are evolving within the data centres sector, as well as the opportunities for both occupiers and asset owners, going forward.

Q&A Highlights:

• How has occupier demand for disaster recovery changed in the past 12 months?
• How is cloud adoption transforming occupiers and why are operators following suit?
• What are the long-term outlook for disaster recovery and demand, and the opportunities in this space?
• How do data centres support business continuity planning and the disaster recovery business?

The Asia Pacific office demand declined from 103 million sf in 2019 to 53 million sf in 2020 as occupiers sought to limit cost exposures during the COVID-19 pandemic.
In line with this decline in demand, vacancy has increased, and rents have softened across most markets, pushing them towards greater tenant-friendly status and providing occupiers with a window of opportunity in negotiating any forthcoming lease commitments.

However, corporate occupiers need to be aware that these changes may not bring the cost savings that they might expect – some markets may see tenants having to pay more on a new lease than they were paying on the last year of an expiring lease.

In our Asia Pacific Office Rental Variability Index we take a closer look at:

• The current state of play in 36 key office cities across Asia Pacific
• The extent of, and variability in, rental change over the duration of average lease terms at the city level
• Strategies that occupiers might wish to explore to help navigate the impacts of this rent variability

The COVID-19 pandemic caused a high degree of uncertainty across the Queensland economy and the commercial property market. However, the Industrial and Logistics sector (I&L) has been the clear winner particularly as e-commerce penetration accelerated over the past 18 months and is one of the key drivers of demand for floorspace. Investors have responded by seeking to increase their exposure to the sector, and now investment sale volumes in Queensland was the highest on record in 2020.

This report will detail some the key trends driving the Brisbane industrial and logistics market, and provides greater insights on the supply and take-up of industrial land.

• Commercial real estate investment momentum accelerated in Q2 2021 as the economy continued to pick up along with the commencement of the city’s vaccination programme.
• Property funds collectively deployed HK$5.4 billion, 21% of the quarter’s total, with all acquisitions involving industrial assets.
• Hong Kong’s economic recovery, improved prospects of a border reopening with mainland China, and low financing costs will ensure the investment market remains upbeat in H2 2021.

管理气候和环境、社会和公司治理投资组合风险的大多数努力都涉及减持对这些风险有负面影响的股票，而增持对这些风险有正面影响的股票。专业管理的 ETF 和共同基金一直是投资者根据其目标调整风险敞口的自然起点，但指数衍生品可以发挥关键作用，因为指数衍生品是全球最大的市场之一，在金融体系以及管理和转移风险方面发挥着重要作用。我们研究了衍生工具的潜力，以帮助市场参与者寻求有效地将风险敞口与其目标保持一致，同时促进透明度、价格发现和市场效率。.

• The investment sales volume rose for a fi fth consecutive quarter, up by 62.0% quarter-on-quarter (QoQ) to S$6.18 billion in the second quarter of the year. Compared with the same period last year, investment sales nearly tripled from the low base established when Singapore was under the Circuit Breaker period.

• Residential investment sales constituted the largest proportion of total investment sales of 48.6% in the quarter, increasing by 60.0% to S$3.0 billion.

• Investment sales in the commercial segment continued to grow by 57.5% to S$2.24 billion, with the increment largely attributed to the 75.7% expansion in offi ce investment sales due to more block transactions.

• With stronger performance of the manufacturing sector and growth in the e-commerce and logistics sectors, the industrial segment registered close to S$924.0 million in Q2/2021, up 88.2% from the previous quarter.

• As the vaccination program progresses and with Covid-19 infections in Singapore under control, investor sentiment is expected to remain strong, and this may lead investment sales to return to pre Covid-19 levels in the near future. Yields will compress further as capital piles into the limited stock of investable assets.

Download Yardi’s Latest Paper To Find Out

COVID-19 大流行改变了我们的生活和工作方式。长期以来，围绕传统办公模式的讨论近来愈演愈烈。为此，我们看到世界各地的企业在企业房地产战略方面出现了新的趋势。当被问及对全球办公空间总量变化的预期时，《(Y)OUR SPACE 2021》全球调查*中的亚太地区受访者比全球受访者更加乐观。有 30% 亚太地区受访者表示，他们可能会增加而不是减少空间。相比之下，全球受访者中可能减少投资组合的人数比可能增加投资组合的人数多 5%。.