與我們聯繫

Linkedin-in 臉書-f X-twitter Instagram 微信

與我們聯繫

Linkedin-in 臉書-f X-twitter Instagram 微信
APREA 標誌
APREA 標誌

資本市場

搜尋篩選

India’s renewable energy sector has witnessed unprecedented growth over the past decade, driven by ambitious policy reforms, declining technology costs, and strong investor participation. With installed renewable energy capacity expanding rapidly and the country targeting 500 GW of non-fossil fuel capacity by 2030, the sector is expected to require investments exceeding USD 190-215 bn over the remainder of the decade. While traditional funding sources such as project debt, private equity, strategic investments, and foreign direct investment have played a pivotal role in supporting this growth, sustaining the next phase of expansion will require more efficient mechanisms for capital recycling.

檢視完整文章

主要心得

  • A total of 22,290 rental contracts of island-wide private residential properties (excluding ECs) commenced during the quarter, up 5.1% from the 21,203 contracts recorded in the previous quarter.
  • The URA rental index for non-landed private residential properties rose 0.4% QoQ.
  • Based on Savills basket of high-end non-landed residential properties, the average monthly rent continued its upward trajectory, rising by 1.4% QoQ.
  • Despite limited new completions, the overall vacancy rate of completed private residential properties (excluding ECs) rose to 6.4% in Q2/2026.
  • While Singapore’s economic growth in 2026 is expected to outperform the official 2% to 4% forecast, the benefits to the residential leasing market may be limited. Mixed free cash flow trends among MNCs could restrain expatriate deployment overseas, while the removal of the 15-month wait-out period for private homeowners moving to HDB flats may reduce domestic leasing demand. Accordingly, we maintain our view that private residential rents will remain broadly flat in 2026.
檢視完整文章

The global data centre sector has emerged from a pivotal year in digital infrastructure, underpinned by continuous cloud migration and digitisation, combined with the proliferation of artificial intelligence, super-charging demand for data centre infrastructure. Across the globe, real estate transaction volumes, comprising single-asset-sales and development site acquisitions, totalled $16.5 billion in 2025 with development site acquisition volumes in particular surging 12.4% on 2024 volumes, the highest annual investment tally to date. Similarly, Knight Frank’s bespoke data centre appraisals valued the global stabilised data centre market at $1.95 trillion, a 39.3% increase on 2024. Looking ahead, 48GW is expected to be delivered between 2026 and 2029, representing a 77% increase in global supply volumes. Within this, AI supply volumes are set to expand from 8GW to 27GW, growing to 24.5% of total live IT.

檢視完整文章

Knight Frank’s ultimate guide to real estate market performance and opportunities in the world’s most promising economy.

H1 2026 opened against a broadly supportive macroeconomic backdrop, though conditions grew more complex as the period progressed. The Reserve Bank of India’s repo rate stood at 5.25% through H1 2026, reflecting a cumulative 125 basis points of easing since the start of the rate-cutting cycle. With the last reduction having taken effect in December 2025, the Monetary Policy Committee held at both its February and June 2026 meetings, citing West Asia conflict-related energy risks and a potentially deficient monsoon. FY 2026 GDP growth was estimated at 7.6%, affirming underlying domestic resilience. However, the RBI revised its FY 2027 GDP growth projection to 6.6% and raised its FY 2027 CPI inflation forecast to 5.1%, reflecting uncertainty around energy prices and food supply conditions. For the residential market, cumulative rate easing continues to support home loan affordability, but with further cuts on hold and global uncertainties mounting, the monetary tailwind that sustained demand through 2025 has largely run its course.

檢視完整文章

The built environment sits at the intersection of global megatrends such as climate change, energy security and artificial intelligence. Our efforts are guided by Built to Last, our sustainability strategy that keeps us focused on issues that matter most to our stakeholders and where we can have the greatest positive impact.

In 2025, we continued to reduce our emissions. Against our 2021 baseline, we have lowered Scope 1 and 2 emissions per square foot by 32.2%, a 6.4% improvement over the last year – evidence that our strategic changes are delivering results and that we understand how to navigate the complex challenges facing our clients and communities.

檢視完整文章

The Asia Pacific regional economy entered 2026 on a positive note, having exceeded growth expectations through 2025. Further support was received by the U.S. Supreme Court ruling on tariffs, however conflict in the Middle East provided unexpected headwinds as the world navigates the largest oil supply shock in history.

檢視完整文章

After a turbulent start to the decade, globalisation is settling into a new equilibrium. A series of major economic and geopolitical shocks have reshaped the cross-border flows of goods, capital and people that defined the previous era of ‘Great Moderation’.

A key driver of change is an increase in state influence. Governments have implemented around 220 new investment policy measures annually since 2022. This represents a 75% increase on the pre-Covid-19 average, according to analysis of the UN Conference on Trade and Development’s Investment Policy Monitor.

These initiatives are designed to meet a broad set of objectives, including responding to common structural pressures such as growing economic and technological competition. Many focus on supporting ‘strategic’ sectors, including semiconductors, clean energy and digital infrastructure, often with a national security dimension.

檢視完整文章

正如本報告2025年版所闡述，所謂的「加速成長」已不再是描述這個充滿活力且快速演變的全球市場最貼切的詞彙。 更精確的描述應為「受控增長」。全球各國政府正重新制定規則，以確保新資料中心的開發不會對現有資源（尤其是電力網）造成過重負擔，並解決與產業擴張相關的疑慮。.

檢視完整文章

全球資料中心市場仍以雲端和企業應用為主導，截至 2025 年，人工智慧在總工作負載中的占比不到 15%。由於目前大部分人工智慧需求都集中在美國，亞太地區的占比則更為有限。.

檢視完整文章

2026 年第一季開幕時，全球供應鏈受到近期最嚴重的干擾之一。二月下旬，美國和以色列對伊朗發動軍事行動，導致霍爾木玆海峽實際封閉，全球約 20% 的海運石油和液化天然氣經由該海峽轉運，包括 Maersk、CMA CGM 和 Hapag-Lloyd 在內的主要航運公司完全暫停通過該海峽的營運。航運公司被迫更改船隻航線、延遲交貨或暫停營運，導致全球供應鏈速度減慢、成本大幅上升。在此背景下，印度盧比在 2026 財政年度貶值約 9%，達到 1 美元兌 93.88 盧比左右。石油進口國持續的美元需求擴大了經常帳赤字，提高了以美元計價的貨運和設備採購的到岸成本，壓縮了整個物流業的利潤。然而，印度的宏觀經濟基礎仍然穩固。2026 財政年度的實際 GDP 成長預測為 7.6%，表現優於預期，而 RBI 預測 2027 財政年度的成長率為 6.9%，受惠於服務業活動強勁、國內消費暢旺，以及持續的 GST 合理化效益，即使 RBI 指出地緣政治進一步升級所帶來的下行風險。.

在此背景下，主要由製造業及第三方物流（3PL）租戶帶動的工業及倉庫租賃活動持續暢 旺，鞏固了印度作為地區供應鏈多元化樞紐的地位。儘管宏觀經濟環境波動，租戶的租賃活動仍持續加強，2026 年第一季的租賃量達 180 萬平方米（1930 萬平方呎），較去年同期增加 15%。值得注意的是，這是自 2023 年初以來錄得的第二高季度交易量，突顯了租戶持續的信心和強勁的市場動力。.

檢視完整文章