根據我們的預測模型以及來自 100 多位基金經理和 100 多位投資者的見解，我們對 2025 年的另類投資產業進行了詳細的預測。我們分析了各資產類別和地區未來五年的發展，探討了投資者體系中正在發生的變化，並識別了驅動行業變化的大趨勢。.
我們預期到 2025 年，另類資產的管理資產將平均每年成長 9.8%。持續的低利率將吸引各種類型的投資者，這些投資者將被其優異的表現、多元化以及與公開市場較低的相關性所吸引。在我們的主要預測中，到 2025 年，私募基金的資產總值將突破 $9 億美元，而亞洲的資產管理規模將以 25.2% 的年複合增長率增長，領先全球。我們的預測得到以下數據的支持 2025 年替代方案的未來 調查中，81% 的投資者表示，他們預計在未來五年內將增加對另類投資產品的配置。.
閱讀本報告，瞭解 AUM 預測、資料驅動的分析、洞察力和預測。其中有些可能會讓您大吃一驚...
新冠疫情席捲全球，隨之而來的封鎖措施讓「居家辦公」（WFH）這個概念從邊緣走向主流。這在全球範圍內敲響了警鐘，從沃倫·巴菲特等精明的投資者到分析師和其他市場觀察人士，都認為中央商務區（CBD）辦公大樓市場的時代已經結束。那些認為居家辦公將大幅降低辦公空間需求的人有其合理之處，但他們對需求的擔憂並未充分考慮以下幾點：
新冠疫情席捲全球，隨之而來的封鎖措施讓「居家辦公」（WFH）這個概念從邊緣走向主流。這在全球範圍內敲響了警鐘，從沃倫·巴菲特等精明的投資者到分析師和其他市場觀察人士，都認為中央商務區（CBD）辦公大樓市場的時代已經結束。那些認為居家辦公將大幅降低辦公空間需求的人有其合理之處，但他們對需求的擔憂並未充分考慮以下幾點：
如果不考慮這些因素，任何市場分析都可能有偏差。今天，我們將分析新加坡中央商務區甲級辦公室市場，探討在將這三個因素與主流的居家辦公觀點（即需求將大幅下降）相結合後，該市場未來可能發生的變化。我們將從一系列可能的變化中，根據我們先前的機率預測哪些變化在未來更有可能發生。這種方法與僅經過一輪推理就得出單一結論的做法截然不同。.
由於部分員工在鎖定辦公室後傾向繼續在家工作，許多佔用人希望減少所佔用的辦公空間總量。這種佔用人偏好的改變，加上大量新供應，導致佔用人希望...
由於部分員工在鎖定辦公室後傾向繼續在家工作，許多用戶希望減少所佔辦公室空間的總量。佔用人偏好的這種變化，再加上大量的新供應，導致佔用人希望在新開發項目中獲得較小的辦公空間，使他們能夠提高辦公室的質量，同時也有可能降低總租金。然而，這種轉變將嚴重影響舊建築的業主，整個市場的出租率很可能會持續下降。.
由於大流行病的影響可能會持續到 2021 年，第一太平戴維斯預計將有更多的用戶尋求縮減辦公空間。考慮到這一點，加上未來五年內將有大量供應完成，大量用戶可能會尋求遷入新落成辦公大樓內的較小單位。.
中國與美國之間的貿易戰爭，促使台灣的科技與製造業公司重新思考過去嚴重依賴中國的供應鏈策略。台灣的科技產業自 2000 年起掀起一波波的離岸外包（off-shoring）熱潮，尤其是電子零組件與電腦產業，導致台灣的企業......
中美貿易戰促使台灣的科技與製造業公司重新思考過去嚴重依賴中國的供應鏈策略。台灣的科技產業自 2000 年起掀起一股外移到中國大陸的浪潮，尤其是電子零組件與電腦產業，導致中國出口到美國的前十大企業中，有四家源自台灣，包括富士康、廣達、和碩、仁寶電子。隨著貿易戰的緊張局勢升級，台灣企業正考慮將生產線遷移至東南亞和台灣，以分散其製造基地。.
由於本地終端用戶需求強勁，工業用地價格在過去五年穩步上揚。儘管全球經濟前景黯淡，我們相信 2020 年的平均工業地價仍可上漲 3%，尤其是在傳統上較便宜的地區。由於新北市和桃園的地價大幅上漲，科技企業不得不修改其工廠擴張計劃，將焦點放在價格較低廉的地區，例如台灣中部和南部的工業園區。我們的理由是，這些地區的工業用地預計在不久的將來會有更強勁的價格成長。.
海德拉巴已穩步晉升為全國前三大辦公樓市場之一。就寫字樓租賃量而言，海德拉巴在短短三年內已從遙遙領先的第六位晉升至目前的位置。2019 年，該市錄得約 950 萬平方英尺的創記錄交易活動，僅次於班加羅爾和國家首都地區 (NCR)。.
商業租賃活動的增加可歸因於多種因素。這些因素包括政府透過...
海德拉巴已穩步晉升為全國前三大辦公樓市場之一。就寫字樓租賃量而言，海德拉巴在短短三年內已從遙遙領先的第六位晉升至目前的位置。2019 年，該市錄得約 950 萬平方英尺的創記錄交易活動，僅次於班加羅爾和國家首都地區 (NCR)。.
商業租賃活動的增加可歸因於多種因素。這些因素包括政府通過投資者友好政策和基礎設施增長的方式提供的支持，以配合城市群的擴張；以及有利的人口結構創造了一個豐富和熟練的人才庫。此外，過去二十年來，跨國企業的大量湧入也有助於在城市中建立大型校園和辦公大樓。在最近具有里程碑意義的立法中，州政府宣佈了一個單一窗口入口網站，方便在特定大小的地塊上進行房地產建設時，能夠更快地完成審核和自我認證。這些有利的法規為該市的房地產產業提供了重要的推動力。.
While sentiment is weak, the lack of concluded transactions across the market makes it difficult to quantify rental movements. Most landlords have left asking rents at their previous level, however many are willing to discuss higher incentives once they are sure a potential tenant is serious. We have observed that there are requests from…
While sentiment is weak, the lack of concluded transactions across the market makes it difficult to quantify rental movements. Most landlords have left asking rents at their previous level, however many are willing to discuss higher incentives once they are sure a potential tenant is serious. We have observed that there are requests from occupiers / prospects for a more flexible lease term (less than three years) and have seen landlords considering exploring amortization of fit-out costs over a reasonably long lease term.
In June 2020, IGB Bhd announced the proposed establishment of a pure-play office asset REIT which is targeted to be completed by the end of 2020 / early 2021. The proposed IGB Commercial REIT is reported to involve the sale of ten properties, seven of which are in Mid Valley City and three in the Golden Triangle. This is the second REIT by IGB Bhd since the establishment of IGB REIT in 2012, comprising two prime retail assets; Mid Valley and The Gardens.
The online retail industry is expected to continue its upward trend, resulting in related companies introducing new growth strategies such as M&A and strategic partnerships.
Amazon, a global leader in online retail, has partnered with…
The online retail industry is expected to continue its upward trend, resulting in related companies introducing new growth strategies such as M&A and strategic partnerships.
Amazon, a global leader in online retail, has partnered with domestic telecommunications services provider SK Telecom to ship products directly to Korea. A subsidiary of SK Telecom, 11Street, will store selected products most purchased by Koreans in its own storage facilities to allow for direct shipping. While Amazon has been reluctant to enter Korea due to intense competition from local E-commerce platforms, it will indirectly establish a new base through the partnership.
Corporations are expected to reshuffle their logistics portfolios in response to shifting market trends. Any redundant centres will be put up for sale, while pursuing new development projects or signing long-term leases in core strategic locations. Higher activity levels in the leasing and investment markets are expected to continue for the foreseeable future.
Data centres are a vital part of ICT infrastructure for any digital economy. They provide a catalyst for the development of new content and applications and support the sustainable growth of more traditional pillar industries including financial services, trading and logistics. Given the city’s…
Data centres are a vital part of ICT infrastructure for any digital economy. They provide a catalyst for the development of new content and applications and support the sustainable growth of more traditional pillar industries including financial services, trading and logistics. Given the city’s reliable power supply, rich network connectivity, low climate risk, and strong data protection, Hong Kong is well positioned to serve as a regional data centre hub.
Hong Kong is among the best globally in terms of internet connectivity and bandwidth, with over a 270% mobile subscriber penetration rate1 , and has been one of the top three fastest cities in terms of average internet download speed over the past few years. There are three major players driving demand for data centres. First, cloud service providers such as Alibaba, Amazon and Microsoft are expanding as most enterprise users have started adopting cloud solutions in response to the COVID-19 pandemic if they weren’t before. Secondly, internet companies and application developers such as multimedia content providers or e-commerce players demand ample data storage capacity and plenty of data processing power given the growing importance of Big Data, industry 4.0, the Internet of Things and 5G.
For prime street retail landlords the debilitating effects of COVID-19 were immediate. With most tenants being small to medium enterprises, they were more affected by sudden revenue loss, than larger scale retailers. The pandemic has forced the major street retail chain tenants to alter their business strategies. Many F&B and fashion chains closed…
For prime street retail landlords the debilitating effects of COVID-19 were immediate. With most tenants being small to medium enterprises, they were more affected by sudden revenue loss, than larger scale retailers. The pandemic has forced the major street retail chain tenants to alter their business strategies. Many F&B and fashion chains closed underperforming outlets which led to further vacancies. Tourism focused street retail in the CBD was hit hardest by travel bans adding to existing Metro related disruptions.
Since early February, many street retailers have not renewed their leases. Those wanting to retain prime locations after the pandemic are either temporarily closed or seeking rent reductions. A recent Savills survey found tenants sought up to -40% discounts compared to the maximum -20% offered.
Kemmu Kawai 於 2022 年 9 月加入 Longevity Partners Japan 擔任國家總監。他以東京為基地，負責監督日本、亞太地區及其他地區的所有營運和活動。他擁有超過16年的金融經驗，專門從事房地產和信貸投資。在加入 Longevity Partners 之前，他曾在 Norinchukin Bank 擔任投資組合經理，並在 Center Point Development 擔任投資經理。.
Kemmu Kawai
董事總經理
長壽夥伴
