思想引领

• 2023年第一季度，工业租赁和价格指数连续第十个季度上涨。租赁指数环比上涨2.81万亿吨，较上一季度的2.11万亿吨有所加速，创下自2013年第三季度以来的最大季度涨幅。同样，工业价格环比上涨1.51万亿吨，较上一季度的1.71万亿吨略有放缓。.
• 2023 年剩余供应量为 1030 万平方英尺，从现在到 2025 年平均供应量为 1090 万平方英尺，较高的供应量将继续抑制租金和价格的增长，但也可能为租户提供更多选择。.
• 工业指标依然疲软，制造业产出、NODX 和 PMI 均持续萎缩。.
• 贸易紧张局势导致业内人士寻求加强供应链，一些企业计划在新加坡设立工厂，这将继续支撑工业需求。.

2023年第二季度，莱坊亚太区优质写字楼租金指数连续第四个季度下滑，环比下跌1.6%，保持了长达一年的下滑趋势。这使得年度跌幅达到3.1%，主要是由于中国内地持续疲软。.

在 23 个跟踪城市中，有 15 个城市的租金稳定或上涨，低于 2023 年第一季度的 16 个城市。空置率本季度也小幅上升了四分之一个百分点，达到 13.8%，保持了自 2022 年第四季度以来该指标升至 10 多年来最高值的趋势。.

不过，从本季度超过 400 万平方英尺的交付量来看，亚太地区的写字楼需求要好于美国和欧洲，回归写字楼的趋势更为强劲。随着科技企业继续精简员工人数，金融和专业服务公司以及灵活空间运营商弥补了租赁活动的不足。整个地区普遍存在的 "追求品质 "的趋势也为需求提供了支持。.

随着该地区进入开发阶段，2023-2024 年的新增供应量将达到周期性高点，接近 2022 年的两倍，这将为现有存量增加近 10% 的供应量。因此，在今年余下的时间里，该地区大部分地区的市场条件将继续有利于租户。.

本报告最初发表于 https://apac.knightfrank.com/office-highlights

• 全球电力短缺正在抑制全球数据中心市场的增长。对于北美、欧洲、拉丁美洲和亚太地区的数据中心运营商而言，确保充足的电力供应是首要任务。一些电力供应稳定的二级市场有望吸引更多数据中心运营商。.
• 尽管电力供应有限，但所有四个地区都在进行新的开发。北弗吉尼亚仍然是世界上最大的数据中心市场，总装机容量为2132兆瓦（MW）。.
• 尽管有新的开发项目，但由于强劲的需求，所有四个地区的空置率都在下降。新加坡是全球电力供应最紧张的数据中心市场，可用容量不足 4 兆瓦，空置率也创下历史新低，低于 2%。.
• 大型企业越来越难以找到足够的数据中心容量。供应短缺、建设延误和电力挑战正在影响所有市场。例如，墨西哥克雷塔罗州仅有1.2兆瓦的数据中心可供租赁。.
• 全球可用电力供应短缺导致数据中心容量价格上涨。新加坡的租金最高，250至500千瓦（kW）的容量需求每月租金为$300至$450，而芝加哥的租金最低，为$115至$125。.
• 人工智能的快速发展，以及流媒体、游戏和自动驾驶汽车等其他现代技术的兴起，预计将持续推动数据中心的强劲需求。这将促进数据中心设计和技术的创新，因为运营商的目标是提供满足高性能计算日益增长的功率密度需求的容量。.

本报告最初发表于 https://www.cbre.com/insights/reports/global-data-center-trends-2023

On 4 July 2023, the Lease Agreements for Retail Premises Bill (“Bill”) had its first reading in Parliament. The Bill seeks to make it mandatory for retail lease contracts to comply with the Code of Conduct for Leasing of Retail Premises in Singapore (“Code“).

The Code was issued by the Fair Tenancy Pro Tem Committee in 2021 and was last updated in 2022. It sets out guidelines and principles for landlords and tenants of qualifying retail premises to enable fair and balanced lease negotiations. The full Code is available 这里.

The Bill serves the following functions:

• Establishes the Fair Tenancy Industry Committee;
• Provides for the Code and the obligations of landlords and tenants in relation to the leasing principles contained therein; and
• Establishes a dispute resolution process in relation to complaints of non-compliance with the leasing principles or obligations.

The introduction of the Bill follows a public consultation on the proposed legislation held by the Ministry of Trade and Industry from 18 July 2022 to 5 August 2022.

While adoption of the Code has thus far been voluntary, the Bill – when passed – will require compliance with the Code’s leasing principles. Landlords and tenants of retail premises should thus be aware of their obligations under the Code to ensure compliance.

This Update highlights the key features of the framework set out under the Bill and the Code.

Despite ongoing economic uncertainty, logistics occupiers in Asia Pacific maintain a positive business outlook for the next three years. Expansionary demand continues, although appetite has weakened slightly compared to 2021, with occupiers shifting their focus toward optimising their operations.

CBRE’s 2023 Asia Pacific Logistics Occupier Survey features insights from more than 120 logistics real estate executives in the region on their business outlook, growth plans, strategic opportunities and concerns for the next three years. Key findings include:

Market Sentiment

• 81% of respondents are confident about their business outlook for the next three years.
• Expansionary appetite weakened from 78% in 2021 to 68% this year.

Supply Chain

• Warehouse automation is seen as integral to logistics operations; Automated storage and retrieval systems remains the most sought after logistics technology.
• 87% plan to outsource more or the same amount of operations to 3PLs to enhance operational efficiency.

投资组合策略

• Modern logistics assets near customers and public transport are the most sought after, especially those in urban areas.
• Short-term leases and/or flexibility for expansion ranked as the most important element of future lease management.

ESG Considerations

• ‘Green energy supply’ and ‘Electric Vehicle charging stations’ are the most desirable features for future-proof warehouses.
• 51% expressed an interest in green certified warehouses.

本报告最初发表于 https://www.cbre.com/insights/reports/2023-asia-pacific-logistics-occupier-survey

Despite facing lower risks of obsolescence compared to the US and Europe, the office sector in Asia Pacific is not without challenges. Pressure is starting to build on several fronts including elevated vacancy levels, evolving occupier space requirements and impending government legislation .

This report takes a deeper dive into the underlying dynamics and drivers across the APAC region’s major markets and provides a roadmap for asset optimisation.

下载报告

Since 2015, Cushman & Wakefield has been taking the pulse of CRE leaders around the world to understand What Occupiers Want. In our annual survey—conducted in partnership with CoreNet Global External Link—we ask about trends in office location and workplace, perspectives on changes to portfolios, and strategies around policies, procedures and decision-making. Over the past five years alone, we’ve uncovered critical insights about what matters most to occupiers, including sustainability, recruiting tech talent and post-pandemic portfolio transformations. This year, we asked more questions about Environmental, Social and Governance (ESG), and occupiers told us how they’re incorporating meaningful changes across environmental, sustainability and governance standards within their organizations.

KEY TAKEAWAYS FROM THE 2023 SURVEY:

• Cost and talent—cost pressure is the #1 challenge for companies across the globe
  • Globally, cost has moved to the forefront of strategic drivers for CRE, followed by talent and operational excellence. In 2022, the reverse was true, as most occupiers sought talent before cost reduction.
• Communal office space for sparking creativity and innovation—targeted space has doubled from pre-pandemic levels, from 20%-30% to 40%-50%
• • Most occupiers see the office as a centralized, planned meeting spot to learn, develop and ignite ideas collaboratively. As such, they seek to grow their communal spaces to foster a flexible and synergistic workplace environment.
• Finding talent beyond the city limits—26% of occupiers are recruiting from anywhere in the world
• • Though occupiers mostly prefer Central Business Districts (CBD) for HQ locations, this doesn’t limit their reach to hire from a global talent pool.
• Footprint reduction—nearly two-thirds of occupiers (63%) plan to reduce real estate footprint in the next two years
• • With office occupancy at half of pre-pandemic levels, most occupiers want to reduce overall footprint, while simultaneously optimizing their current space with amenities and services to increase office usage and experience.
• The importance of ESG—with a dramatic jump, from #8 to #5, ESG rose in importance as a key driver of real estate decisions
• • Social consciousness and sustainability are becoming increasingly important to occupiers around the world. Forty-two percent of CRE executives told us they have ESG goals either in operation or in planning stages.
• Making an impact with flexible work—employees report a better workplace experience when given autonomy to work when and where they want
• • Employees want to have agency to independently choose where and when to work. CRE executives see that providing workplace flexibility not only drives employee engagement, but also aligns with their social pillar goals.

本报告最初发表于 https://www.cushmanwakefield.com/en/insights/what-occupiers-want

New hybrid work models implemented on a large scale have created a major shift in the expectations of how the future office should be. Offices are now more intelligent, connected and accommodating to hybrid workers. Occupier organisations are planning to switch to flex office models instead of only choosing traditional leases. The change in office space preference and workplace expectations have posed challenges for landlords in Asia Pacific (AP) to keep up with market demands and to understand occupiers’ priorities.

In this study sponsored by essensys, IDC surveyed 180 leaders from occupier organisations, whose organisations are either using traditional lease or in flexible working spaces, and 180 leaders from office real estate organisations across six markets in AP, to capture their expectations, challenges and plans for future offices.

This InfoBrief then deep dives into Australia as a case study to understand the market demands and opportunities.

The findings provide insights to help landlords in AP understand the changing demands of the office real estate market and help them remain competitive in the office real estate landscape.

要点总结：

• For occupiers, a seamless digital experience is highly important. All organisations are willing to pay more to have such an experience.
• Occupiers are using networks more in the dynamic spaces in office buildings such as the common lobby (76%), event and meeting spaces (62%), and food and beverage outlets (26%).
• Landlords in AP have not fully met the demands of occupiers on network and connectivity services, especially in areas such as speed, reliability, security and access.
• Landlords are aware that automated network management brings benefits such as controling networks across a portfolio (76%) and streamlining network infrastructure management (55%).
• Landlords also plan to implement more smart technologies for their portfolio in the next 3 years. Top technologies include network management, space management and touchless and sensor-based solutions.

2023年，一系列利好政治经济政策的出台，以及国内需求和投资的复苏，使得大中华区——全球最大的新兴市场——有望迎来显著反弹。新经济房地产行业也展现出巨大的增长潜力。.

由卓佳地产和亚太房地产协会（APREA）联合发布的《中国新经济房地产——市场回顾与运营指南2023》对中国新经济房地产行业进行了全面分析，重点关注物流地产市场。报告深入剖析了当前市场格局、增长轨迹，并预测了未来趋势。.

该报告着重关注参与、发展和加速这三个关键方面，介绍了全球一些领先公司正在制定的房地产战略，旨在加强流程、增强韧性并满足复杂的需求，从而丰富工作场所体验。.

在当前充满不确定性的时期，本报告为租户提供潜在的房地产策略及建议，包括：

• 参与：让工作场所和员工队伍为变革做好准备
• 演进：满足未来空间需求和混合办公模式的要求
• 加速：运用科技推动变革，提升绩效

主要亮点

• 各行各业的办公场所使用者都在重新评估他们当前的办公空间布局，以确定最适合员工的办公空间组合。.
• 超过 65% 的员工希望与团队有更多面对面的时间，而 70% 的员工希望继续保持灵活的工作选择。.
• 66% 的企业决策者正在考虑重新设计物理空间，以更好地适应混合办公环境。.
• 吸引和留住人才的紧迫性日益增加，促使企业考虑其他工作场所解决方案和新的办公地点。.
• 混合办公模式的兴起使灵活办公空间成为关注焦点，帮助租户优化成本并确保员工的灵活性。.
• 智能技术、数字基础设施和智能设施的整合有助于吸引租户、提高运营效率、降低能源消耗和提高客户留存率。.
• 全球各地的公司都在投资 ESG 和 DEI 举措，包括绿色设计、促进更高健康与安全的技术赋能功能、福祉设施以及包容性的工作场所环境。.
• 随着业主不断寻求符合环境、能源和健康标准的环保建筑，对绿色认证建筑的需求将继续上升，因为业主们在设计、建造和性能方面都在寻求这样的建筑。.