Global Research

Chengdu Residential Briefing - Autumn 2016

November 01, 2016

In Q3/2016, average prices in central areas increased 11% quarter-on-quarter to average RMB11,721 per sq m.

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Chengdu Retail Briefing - Autumn 2016

November 01, 2016

In Q3/2016, the launch of Vary Mall pushed up city-wide prime retail stock to 3.88million sq m.

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Japan Negative Interest Rates Spotlight - November 2016

November 01, 2016

The Bank of Japan's negative interest rate policy (NIRP) is buoying real estate markets in general, especially for sellers, individual and retail buyers, and J-REITs. Counterintuitively, NIRP appears to be decreasing transaction volumes and repelling some investors. An eventual slowdown in credit growth could lead to a change in market direction.

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Asia Pacific Investment Quarterly Q3, 2016

October 31, 2016

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Beijing Retail 2H 2016

October 31, 2016

City-wide retail sales exceeded RMB1 trillion for the first time in 2015; however, the year-on-year (YoY) growth rate witnessed a slowdown during 1H/2016, registering only 3.8% growth and marking a historical low since 2006.

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Beijing Retail Briefing - Autumn 2016

October 31, 2016

Large retailers further extended their footprint into non-prime and suburban submarkets; expansions by experience-led tenants continued to see virtual reality emerge as an important footfall generator.

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Chengdu Office 2H 2016

October 31, 2016

The third G20 Finance Ministers and Central Bank Governors Meeting of 2016 was held in Chengdu on July 23 to 24, the first time any G20 conference was held in Midwestern China since the forum’s establishment. Successfully hosting the meeting has generated a new wave of interest in the city, which will help Chengdu further develop into a National Central City and international metropolis, accelerate the development of the tertiary industry, attract more tenants, and turn the city into China’s fourth largest financial centre.

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Guangzhou Residential 2H 2016

October 31, 2016

Guangzhou is the traditional commercial and trading centre of southern China, and has experienced steady economic growth, as well as property development, in recent years. Covering an area of 7434.4 sq km, it has a population of 13.50 million. The population density is 1816 per sq km, which is lower than both Shenzhen and Shanghai. As a result, the city enjoys a comparatively comfortable living environment.

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Hong Kong Retail 2H 2016

October 31, 2016

Vertical retail or so-called “Ginza-style” retail is increasingly popular in Hong Kong with both landlords and tenants, but this retail format offers both unique challenges as well as advantages to investors and users.

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Kuala Lumpur Retail 2H 2016

October 31, 2016

Malaysia's real GDP growth projection for 2016 remains at 4.2% amidst uncertain global economic conditions. Domestic demand continues to be the growth engine for the Malaysian economy as a result of improvements in private consumption. Consumer sentiment remain subdued, with the Malaysian Institute of Economic Research (MIER) sentiment index below the 100-point confidence threshold for the eighth consecutive quarter, in the wake of a series of events such as the drop in crude oil prices, currency weakness, the impact of Goods and Services Tax, and airline tragedies. Overall market sentiment improved in the second quarter of 2016. However, household debt is alarmingly high, recorded at 89% over GDP according to Bank Negara Malaysia. Housing and utilities, food and non-alcoholic beverages, and transportation remain the essential expenditure items, accounting for approximately 57% of all household expenditures.

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