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.
Australia’s property markets property as a whole remains an attractive asset class particularly when comparing yields to bond rates, combined with the current low interest rate climate. With the Reserve Bank of Australia cutting the official cash rate to a record low of 0.10% in November, and further quantitative easing measures introduced we will see…
Australia’s property markets property as a whole remains an attractive asset class particularly when comparing yields to bond rates, combined with the current low interest rate climate. With the Reserve Bank of Australia cutting the official cash rate to a record low of 0.10% in November, and further quantitative easing measures introduced we will see bond yields fall closer to zero. The COVID-19 pandemic has impacted all property asset classes in Australia to some extent, with both positive and negative outcomes. The retail sector has been the hardest hit as a result of store closures, reduced foot traffic and weak consumer spending.
From both an investor and an occupier point of view we continue to see a flight to quality thematic become increasingly evident. Tenants are seeking quality office space with more flexible terms and we anticipate that as a result of this there will be a divergence of vacancy where secondary stock will find it difficult to compete. Investors continue to seek prime assets with long WALE and diversified tenant compositions, with these assets achieving record yields and capital values. With several large transactions coming to the market around the country or in due diligence we expect to see a strong fi nish to the year and into 2021.
The central government unveiled the new ‘comprehensive reform plan (2020 – 2025)’ (hereinafter referred to as the ‘new plan’) in October as a continuation of Shenzhen’s mission of being ‘Pilot Demonstration Zone of Socialism with Chinese Characteristics’ announced in 2019, providing greater…
The central government unveiled the new ‘comprehensive reform plan (2020 – 2025)’ (hereinafter referred to as the ‘new plan’) in October as a continuation of Shenzhen’s mission of being ‘Pilot Demonstration Zone of Socialism with Chinese Characteristics’ announced in 2019, providing greater autonomy and a higher level of all-round opening-up. Given that the new plan came at a meaningful time—the 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ)—Shenzhen is expected to embrace a new chapter of development.
Additionally, the new plan reinforces Shenzhen’s core engine function and central city position in the Guangdong-Hong Kong Macao Greater Bay Area (GBA). Therefore, the real estate industry is forecast to obtain new development opportunities, with demand for land, office, retail and residential sectors improving.
Beijing government developed multiple plans to help boost the ‘First-Store’ economy, consumer demand and upgrade retail projects in response to COVID-19:
Beijing government developed multiple plans to help boost the ‘First-Store’ economy, consumer demand and upgrade retail projects in response to COVID-19:
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
