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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:

  • “Announcement to Stabilise Commercial Business Activities Under COVID-19” on February 21st, 2020, encourages shopping mall landlords to deduct rents and help major shopping malls operate during the pandemic by applying for working capital loans;
  • “Announcement to Apply for Subsidies For Major Shopping Malls Under COVID-19” on March 31st, 2020, provides subsidies up to RMB500,000 to qualified shopping mall operators;
  • “One Policy for One Retail Store” renovation/upgrading of pilot retail

在這個不確定性增加的時期,各級企業架構對成本的審查從未如此嚴格。高纬环球的《亚太区写字楼装修成本指南》是协助企业在装修和恢复办公空间方面进行房地产决策的重要工具。.

今年,我們增加了三個城市的指南,使我們的覆蓋範圍增加到...


在這個不確定性增加的時期,各級企業架構對成本的審查從未如此嚴格。高纬环球的《亚太区写字楼装修成本指南》是协助企业在装修和恢复办公空间方面进行房地产决策的重要工具。.

今年,我們在指南中增加了三個城市,使我們的覆蓋範圍擴大到亞太地區的 31 個主要城市。無論是低、中或高品質規格的裝修需求,本指南均可協助用戶確定其資本規劃和搬遷預算。.

本指南包含全面的裝修成本部分,涵蓋傢俱、機電 (M&E) 工程、建築工程、視聽/資訊科技 (AV/IT) 及其他雜項成本。.

  • 新冠疫情及其導致的封鎖措施帶來的經濟影響,對未來的工作和辦公物業的租金收入造成了極大的不確定性。.
  • 英國季度房地產指數中近 60% 的辦公大樓租金收入來自未來五年內到期或包含終止條款的租約。.
  • 租賃事件的審查顯示,2019 年有 47% 的辦公室在終止條款生效後空置了一個季度或更長時間,另有 72% 的辦公室在租賃到期後空置。 1 在 COVID-19 疫情期間,這些數字可能會上升,導致更多租金面臨風險。.

Development on new phases continues despite the unspoken moratorium, with several major cloud services increasing their local platforms

Despite the unofficial moratorium on new site development, Singapore continues to lead the greater APAC region in data centre innovation and often as the first market reviewed for regional market entry. Phased buildouts are still continuing…


Development on new phases continues despite the unspoken moratorium, with several major cloud services increasing their local platforms

Despite the unofficial moratorium on new site development, Singapore continues to lead the greater APAC region in data centre innovation and often as the first market reviewed for regional market entry. Phased buildouts are still continuing, with Digital Realty, Equinix, and Iron Mountain all underway on additional capacity and new entrant AirTrunk continuing their initial local campus. Major global cloud services continue to view Singapore as a first-tier location for new releases, with Google Cloud, Alibaba, and Oracle all making further inroads in coming months, and Tencent recently established a Singapore office to focus on regional expansion.

The prize for each platform lies not only in Singaporean business, but to allow local capacity to serve regional deployments across Southeast and greater Asia for large multinationals. As demands grow on local infrastructure, it remains to be seen if Singapore will lose workloads to developing lower cost markets, whether that be Jakarta, Kuala Lumpur, or elsewhere. The trade-off would be a loss in connectivity and available services, though if local capacity is unable to develop it may prove a needed shift. Despite this potential shift in future, for the time being Singapore will likely attract companies concerned about regional political issues, as Naver’s move from Hong Kong indicates. Anecdotal reports indicate that further moves for communications, media, and financial organizations are being mooted, suggesting a major opportunity for those few who are fortunate to have available capacity.

All in all another positive several months for Singapore, with the possibility of more good news ahead.

隨著 Amazon Web Services、Microsoft Azure、Google Cloud 和 Alibaba 陸續進軍當地市場,悉尼持續成為超大規模雲端服務的目的地,以爭取更多市場佔有率。亞馬遜網路服務 (Amazon Web Services)、微軟 Azure、Google Cloud 和阿里巴巴都持續進軍當地市場,以爭取更大的市場佔有率。每家公司都對當地大量正在檢視 IT 策略的中大型企業,以及許多從新南威爾斯州政府和 ATO 開始推行現代化計畫的政府和教育組織感到興趣。當每項服務都簽下新客戶時...


隨著 Amazon Web Services、Microsoft Azure、Google Cloud 和 Alibaba 陸續進軍當地市場,悉尼持續成為超大規模雲端服務的目的地,以爭取更多市場佔有率。亞馬遜網路服務 (Amazon Web Services)、微軟 Azure、Google Cloud 和阿里巴巴都持續進軍當地市場,以爭取更大的市場佔有率。每家公司都對當地大量正在檢視 IT 策略的中大型企業,以及許多從新南威爾斯州政府和 ATO 開始推行現代化計畫的政府和教育組織感到興趣。隨著每項服務都簽下新客戶,對於進一步本地能力的需求也持續增加,進而導致大規模的發展。.

AirTrunk 在大規模開發方面處於領先地位,SYD2 計劃於年底完工,SYD1 的第二階段也在認真規劃中。這些發展支持了公司在亞洲的持續增長,新加坡、香港和東京的廠址都在建設中。富士通最近宣佈將進一步擴建其悉尼西部廠區,明年初將再上線 20 兆瓦,而 Alpha DC Fund、NextDC、Macquarie 和 Digital Realty 也都在努力開發新的產能。.

到 2020 年為止,當地的投資收購市場一直保持平靜,儘管有關投資者尋找可收購資產的坊間報道不斷流傳。全國各地也有其他資產交易,Telstra 墨爾本地區園區的售後租回交易(A$4.17 百萬美元)是今年簽署的最大單一資產交易。在罕見的 30 年租期協助下,這次收購顯示出具有強大租用權的資料中心交易的潛力。綜合考量,悉尼仍是一個強勁且供應充足的市場,在未來幾年應可持續發展。.

Tokyo is rapidly becoming a regional hub for hyperscale deployments, as the xScale joint venture between Equinix and GIC nears first phase completion and development continues from the Digital Realty/Mitsubishi Corporation partnership on their latest site. These developments have…


Tokyo is rapidly becoming a regional hub for hyperscale deployments, as the xScale joint venture between Equinix and GIC nears first phase completion and development continues from the Digital Realty/Mitsubishi Corporation partnership on their latest site.

These developments have now been joined by AirTrunk, who confirmed their long-rumored entry to the market with the 60 MW first phase of their new 300 MW TOK1 campus to be operational by the end of 2021. This site thus has the potential to be the highest capacity campus locally at full build-out and serves as a major confirmation of both market potential and specifically the rapidly developing data centre cluster at Inzai. This focus on larger deployments is predicated on the continued digital transformation of large local corporations, with major cloud services such as Google and Alibaba making recent inroads and additional supporting applications gaining wider availability. All this leads to continued positive growth throughout the local ecosystem.

COVID-19 驅動資料需求成長

儘管地緣政治局勢持續不明朗,加上 COVID-19 疫情爆發,香港數據中心市場的活動依然紅火。在今年最大型的租賃交易中,美國數據中心房地產投資信託基金 Digital Realty 於七月初宣佈,同意租用位於葵涌建磚街 11 號新落成的專用數據中心,作為該營運商在香港的第二個設施。.


COVID-19 驅動資料需求成長

儘管地緣政治局勢持續不明朗,加上 COVID-19 疫情爆發,香港數據中心市場的活動依然紅火。在今年最大型的租賃交易中,美國數據中心房地產投資信託基金 Digital Realty 於七月初宣佈,同意租用位於葵涌建磚街 11 號新落成的專用數據中心,作為該營運商在香港的第二個設施。.

在香港爆發的第三波病毒疫情中,跨國公司暫停了返回辦公室的計劃,並要求員工在家工作。預計即使疫情過後,許多公司仍會繼續允許某種程度的遙距工作,從而加快企業在各方面的數碼化轉型步伐,並導致對雲端應用的需求激增。香港即將引進的 5G 技術也將帶動更多的數據使用,從而增加對機架空間的需求。有見及此,不少中國及國際營運商仍積極在香港尋找合適的租賃或投資機會。.

The legal, tax and regulatory framework for investment funds is driven not just by the letter of the law but also by unwritten and commonly understood regulatory and tax customs. SEBI’s approach continues to move away from laissez-faire to one that is distinctively hands-on. For instance, SEBI prescribed the form of private placement memorandum to be used by alternative investment funds in early 2020. More recently, SEBI has prescribed minimum experience standards for key personnel and introduced statutory liabilities for investment committee members. The tax authorities, on the other hand, are becoming more aware of complex offshore fund structures and looking at innovative fund structures more carefully.

Whilst a majority of the global financial sponsors still choose to invest in India out of their flagship funds with limited or no specific allocation for India, there has been an increasing trend in the past few years to raise India focused pools of capital. These could be in the form of vanilla blind pools or quasi-fund structures such as investment platforms or managed accounts with financial sponsors (or increasingly with developers) investing in private equity, private debt, public equity and public debt.

This paper aims to assist global fund counsel and fund managers on India focused fund formation from a legal, tax, regulatory, commercial and strategic perspective.

2020年4月30日,國家發展和改革委員會與證券監督管理委員會聯合發布了《關於設立中國基礎設施房地產投資信託基金(C-REITs)的規定》。該公告標誌著C-REITs正式進入中國市場。.

亞太房地產協會(APREA)一直積極支持中國房地產投資信託基金(REITs)的推出。 APREA憑藉著在國際REITs市場的經驗與見解,協助建構獨具特色的中國REITs監管架構。此外,APREA也致力於在全球推廣REITs知識,提升人們對REITs潛力的認知。.

為此,亞太房地產協會邀請了房地產投資信託基金(REITs)行業的關鍵人物分享他們對中國REITs發展潛力的看法。 《中國REITs手冊》是一本關於中國REITs的教育手冊,旨在幫助公眾、業內人士和投資者更好地了解中國REITs。手冊由亞太房地產協會與金杜律師事務所(中國)、畢馬威會計師事務所(中國)、高緯環球(中國)以及北京大學光華管理學院共同編寫。.


2020年4月30日,國家發展和改革委員會與證券監督管理委員會聯合發布了《關於設立中國基礎設施房地產投資信託基金(C-REITs)的規定》。該公告標誌著C-REITs正式進入中國市場。.

亞太房地產協會(APREA)一直積極支持中國房地產投資信託基金(REITs)的推出。 APREA憑藉著在國際REITs市場的經驗與見解,協助建構獨具特色的中國REITs監管架構。此外,APREA也致力於在全球推廣REITs知識,提升人們對REITs潛力的認知。.

為此,亞太房地產協會邀請了房地產投資信託基金(REITs)行業的關鍵人物分享他們對中國REITs發展潛力的看法。 《中國REITs手冊》是一本關於中國REITs的教育手冊,旨在幫助公眾、業內人士和投資者更好地了解中國REITs。手冊由亞太房地產協會與金杜律師事務所(中國)、畢馬威會計師事務所(中國)、高緯環球(中國)以及北京大學光華管理學院共同編寫。.

11月11日,亞太房地產投資協會(APREA)將在全球各地舉辦線上研討會。所有為該出版物撰稿的作者都將出席本次活動,並與觀眾分享更深入的內容。此外,APREA也邀請了一些房地產投資信託基金(REITs)領域的專業人士參與小組討論,以了解他們對中國REITs市場前景的看法。.

今天就加入我們,了解更多關於中國房地產投資信託基金(REITs)的資訊!

如需最新英文版出版物,請聯絡:
張文亮
APREA中国分会
電子郵件:allan.zhang@aprea.asia
電話:+86 131 2286 5700(微信)