Global Research

Savills Research and Consultancy aims to offer objective advice to clients in order to help them make well informed real estate related decisions and realise pre-defined goals. All reports are available for immediate download.

Featured report

placeholder

Commerical Market in Minutes
December 03, 2010

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

 

Research search results: 2851 found

 

Tricity Office Market in Minutes April 2014

April 30, 2014

“With ca. 426,000 sq m of modern offices, Tricity is the third largest regional office market in Poland just behind Kraków and Wrocław. About two third of the total Tricity office stock is located in Gdansk.” Tomasz Buras, Savills Office Agency

 
 
 
Asia Pacific Investment Quarterly Q1, 2014

Asia Pacific Investment Quarterly Q1, 2014

April 29, 2014

 

 
 
 
Beijing Residential 1H 2014

Beijing Residential 1H 2014

April 28, 2014

Beijing enjoyed strong economic growth between 2001 and 2010, with a GDP compound annual growth rate (CAGR) reaching 16%. Echoing the economic slowdown and uncertainties at home and abroad, Beijing’s GDP growth has slowed over the past three years to 7.7% by the end of 2013. Beijing is the second largest city nationwide in terms of population (21.2 million by the end of 2013), and hosts a large pool of affluent and high net worth individuals. Local residents have strong affordability and a high demand for upgrading their properties, given that urban residents’ disposable incomes in the city reached RMB40,321 in 2013, the fourth highest in China following Shanghai, Shenzhen and Suzhou.

 
 
 
Chengdu Residential 1H 2014

Chengdu Residential 1H 2014

April 28, 2014

Chengdu has long been recognised as one of China’s fastest growing and most liveable cities. The city’s economy has gone through an amazing transformation over the last decade and a half. In 2013, GDP reached RMB910 billion, more than 10% higher compared with 2012. The city’s economy is the second largest in the west of China, just behind Chongqing (RMB1,266 billion). Given that is the municipality’s administrative region, is the same size as some of China’s provinces and has a population of 32 million people, this is not all that bad. In fact, when compared on a GDP per capita basis, Chengdu clearly outperformed Chongqing with RMB64,248 vs RMB56,836 per capita in 2012.

 
 
 
Dalian Office 1H 2014

Dalian Office 1H 2014

April 28, 2014

Dalian’s Grade A office market is currently divided into four areas, including two traditional business areas and two emerging areas: Renmin Road, Qingniwa, Xinghai Square and East Harbor respectively.

 
 
 
Guangzhou Retail 1H 2014

Guangzhou Retail 1H 2014

April 28, 2014

As the commercial and trade centre of southern China, retail sales in Guangzhou have maintained strong growth for the last ten years. Between 2003 and 2013, retail sales registered a nominal compound annual growth rate (CAGR) of over 16%, making the city’s retail market one of the fastest growing in mainland China. In 2013, retail sales totalled RMB688.3 billion, with year-to-date year-on-year (YoY) growth at 15.2%, which lists Guangzhou as third, after Shanghai and Beijing, among first-tier cities.

 
 
 
Hong Kong Retail 1H 2014

Hong Kong Retail 1H 2014

April 28, 2014

In the past few years, Hong Kong’s tourism market has been dominated by mainland tourists – especially compared with other major tourist cities – welcoming over 40 million of these visitors in 2013, representing a staggering 75% of all arrivals. In Singapore, for example, mainlanders represented 14% of total visitors in 2012, New York fewer than 5%, Paris around 2% while London recorded below 1% of all visitors of mainland origin. Only Macau can begin to match Hong Kong with 61% of all visitors from the PRC last year. While it is unlikely that the tide of PRC visitors will recede anytime soon, as Hong Kong braces for the impact of tighter credit conditions in the mainland, it may be worth taking a look at visitors from elsewhere, and their spending and accommodation patterns. It is worth remembering that one-third of overnight visitors originated from countries other than mainland China last year, a not insubstantial number. Given domestic conditions of ris

 
 
 
Kuala Lumpur Office 1H 2014

Kuala Lumpur Office 1H 2014

April 28, 2014

The Malaysian economy increased at a steady rate of 4.4% in the second quarter of 2013 compared with 4.1% in Q1/2013. In line with forecasts, GDP reached 5.0% in Q3/2013 and 5.1% in the fourth quarter. However, with the global economy affected by the weak US dollar and the euro crisis, which caused fluctuations in international trades, including the performance of supplies and services, the country’s overall GDP for 2013 contracted by 0.9% to stand at 4.7% by year’s end, compared with 5.6% in 2012.

 
 
 
Manila Office 1H 2014

Manila Office 1H 2014

April 28, 2014

The Philippines is currently one of the fastest growing economies in Asia, despite the calamities the country faced last year. While global growth remains in low gear, the Philippines’ economy posted growth of 7.2% in 2013, continuing the trend seen over the past few years. The current state of the Philippine economy has also prompted economists to maintain their high growth forecasts for 2014, with the International Monetary Fund expecting 6.0% growth and the World Bank 6.5%, while the government is more bullish at 6.5% to 7.5%. However, Southeast Asia, including the Philippines, will come under pressure when the Federal Reserve rolls back its quantitative easing programme, although robust fundamentals make the Philippines less vulnerable to capital outflows than its neighbours. Robust domestic demand, public spending, strong exports and surging overseas remittances contribute to the local economy, and will maintain the upward trend as long as growth improves in advan

 
 
 
Qingdao Office 1H 2014

Qingdao Office 1H 2014

April 28, 2014

As one of China’s most important harbour cities and coastal resorts, Qingdao is the economic centre of Shandong province. The city is a major economic, cultural and tourism hub in the Bohai Economic Region and home to the second largest port in northern China in terms of throughput. Qingdao maintains strong economic ties with both Japan and Korea, given its geographical proximity, with many companies having established offices here. Qingdao ranked third in terms of GDP among north China cities in 2013 and has managed to maintain strong GDP growth averaging 13.3% (nominal compound annual growth rate [CAGR]) between 2008 and 2012, although slowing to 10.0% (real growth) by the end of 2013, echoing China’s economic slowdown. While it is an important industrial base in Shandong province, tertiary industry plays a less important role in the local economy, accounting for 50.1% of total GDP in 2013.

 
 
 

Key contacts

Rene Picard Rossbach

Rene Picard Rossbach

Associate
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

 

Subscribe to Savills research

 

Would you like to be notified via email about new research?