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Commerical Market in Minutes
December 03, 2010

The UK is facing some headwinds in 2011, but the prospects are good thereafter

 

Research search results: 2970 found

 
Guangzhou Retail 1H 2015

Guangzhou Retail 1H 2015

April 01, 2015

Guangzhou, the commercial and trade centre of southern China, has witnessed fast growth in both city construction and economic development in recent years. In 2014, Guangzhou’s GDP reached RMB1,670.6 billion, up 8.6% year-on-year (YoY), higher than the national level of 7.4% YoY.

 
 
 
Hong Kong Residential 1H 2015

Hong Kong Residential 1H 2015

April 01, 2015

On February 27 2015, the Hong Kong Monetary Authority (HKMA) and the Hong Kong Mortgage Corporation (HKMC) announced the latest round of prudential measures on property mortgages, which are summarised below: HKMAThe maximum loan-to-value (LTV) ratio for self-use residential properties with value below HK$7 million will be lowered by a maximum of 10 percentage points, i.e. the highest LTV will be reduced from 70% to 60%.

 
 
 
Kuala Lumpur Investment 1H 2015

Kuala Lumpur Investment 1H 2015

April 01, 2015

At the end of 2014, the total stock of office space in Greater Kuala Lumpur  (Greater KL) stood at 96.6 million sq ft, a 2.9% increase from  2013’s total stock. Three office buildings were completed in Kuala Lumpur during 2H/2014, all of them in November-December: one in the city centre (Menara Hap Seng 2) and two in suburban areas of Kuala Lumpur (Menara MBMR and Sunway Velocity V Office). These three buildings represent about 720,000 sq ft of additional office space. In total, about 2.9 million sq ft of office space was completed in Greater Kuala Lumpur in 2014, which is less significant than in 2013, which saw a completion of 5.1 million sq ft with a substantial portion of that new supply located in KL Sentral.

 
 
 
Manila Retail 1H 2015

Manila Retail 1H 2015

April 01, 2015

The Philippine economy posted the second fastest economic growth in Asia last year, beaten only by China. In the fourth quarter of 2014, Philippine GDP rebounded, posting a 6.9% growth supported by the Christmas spending, bringing the overall GDP growth to 6.1% in 2014 according to the National Statistical Coordination Board (NSCB). This is lower than the government’s target of 6.5%-7.5% last year, partly due to decelerated government spending.

 
 
 
Osaka Residential 1H 2015

Osaka Residential 1H 2015

April 01, 2015

With Tokyo jumping to the top of many regional investors’ target list in 2014, the spotlight has gradually spread south to Osaka – Japan’s second biggest property market. Encompassing seven prefectures (including Osaka, Kobe, Kyoto and Nara), the Greater Osaka (or Kinki) region1, is home to an estimated 20.24 million people2. This makes it the eighth largest urban agglomeration in the world and places it not only above mature markets such as New York, Los Angeles and London, but also developing urban centres, such as Dhaka, Buenos Aires and Chongqing. According to United Nations estimates, Greater Osaka’s population is projected to grow by an additional 1.4% over the next five years to 2019.

 
 
 
Seoul Hospitality 1H 2015

Seoul Hospitality 1H 2015

April 01, 2015

As of December 2014, based on Seoul Metropolitan Government statistics and recent hotel supply, the estimated Seoul hotel room stock is 33,792 across 220 hotels. By grade, fi ve- and four-star hotels account for 33.4% and 20.3% respectively, and combined they represent 53.7% of total stock. The proportion of existing Seoul hotel inventory is highly weighted toward upscale hotels.

 
 
 
Shanghai Office 1H 2015

Shanghai Office 1H 2015

April 01, 2015

It cannot be denied that China’s economy is slowing. Last year’s growth, even with subdued inflation, yielded an extra RMB4.8 trillion in GDP, almost exactly the same as in 2007, when growth ran to 14.2% and inflation was far higher. In addition to this, the national economy is being more labour-intensive, with stronger performance in terms of job creation adding 13.2 million urban jobs last year, compared with 12 million in 2007.

 
 
 
Shenzhen Retail 1H 2015

Shenzhen Retail 1H 2015

April 01, 2015

Shenzhen’s retail sales totalled RMB433.5 billion in the first 11 months of 2014, up 8.6% year-on-year (YoY) with the growth rate mirroring the slowing economic growth rates. This indicates that Shenzhen is currently entering a period of economic adjustment.

 
 
 
Singapore Residential 1H 2015

Singapore Residential 1H 2015

April 01, 2015

By the end of June 2015, it would have been two years since the implementation of the Total Debt Servicing Ratio (TDSR) framework and two and a half years since the amended Additional Buyers Stamp Duty (ABSD) measure. These have been the two direct moves aimed at the private residential market. Indirectly, in 2013, there was the 30% Mortgage Servicing Ratio (MSR) cap that was applied first to public flats and then to Executive Condominiums (EC).

 
 
 
Taiwan Retail 1H 2015

Taiwan Retail 1H 2015

April 01, 2015

The steady recovery of the Taiwanese economy in 2014 resulted in an increase in retail sales of 3.9% year-on-year (YoY), especially in car sales. Total car sales in 2014 reached 400,000 units, rising 12% YoY. One-third of these were imported vehicles.  It is believed that the growing trend in car sales will continue in 2015. It is noteworthy that since 2013, luxury and sports car brands have been expanding aggressively. Instead of setting up shop in the city centre, sports car brands such as Lotus, Lamborghini, Ferrari and Porsche, have preferred to set up showrooms in science parks to target tech millionaires and young entrepreneurs. The average size of showrooms generally ranges between 500 and 650 sq m. In addition, the growing consumption power in Taichung City drew luxury car companies’ attention, including Maserati and Aston Martin, who both established flagship stores in the Taichung CBD in 2014.

 
 
 

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Rene Picard Rossbach

Rene Picard Rossbach

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Cross Border

Savills Mexico City

+52 (55) 5282 0926

 

Javier Kutz Clever

Javier Kutz Clever

Managing Director
Cross Border

Savills Mexico City

+52 (55) 5282 0926

 

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