Real estate insights and recommendations for occupiers and investors in Asia Pacific based on the previous fortnight’s market events.
Markets in focus this week:
Australia – Retail
The future of Sydney retail demand
Market fundamentals have shifted over the past 18 months, with changing consumer shopping preferences pushing the envelope of traditional retail. Retailers have improved their technological offerings, in store safety and supply chains to establish the most efficient and enjoyable shopping experiences.
The Future Demand Series explores key themes underpinning future growth in each sector beyond 2021, with this second part of the series focusing on the retail sector.
For more insights, reach out to Michael Bate.
East China - Business Parks
Embracing the wisdom, creating the campus
While smart business park campus development is still in the initial stages, successful projects will make extensive use of digital technology to provide seamlesss business support services and an attractive environment for employees.
We recommend focusing technology on improving the campus’ attractiveness to leading industries, solving pain points in the occupancy and meeting daily human needs with a smart, green and comfortable environment.
For more insights, reach out to Kevin Yuan.
South Korea – Industrial & logistics
Logistics investment trends and strategic occupier movements
Major tenants of large logistics centres, including e-commerce operators, couriers, and distributors, are all focusing on optimized strategies for fulfillment and last mile delivery. This is making the investment climate more competitive as development permits become more difficult to obtain, leading to our expection that suitable land prices will continue to increase.
For more insights, reach out to Judy Jang.
For more real estate research insights across Asia Pacific, reach out to our experts Nicholas Wilson, Chris Dibble and Joanne Henderson.