Tagged Articles
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"Despite COVID-19’s paralysing effect on the broader economy, the Grade A office sector has displayed resiliency thus far. With signs of potential fragility emerging in the lowerquality segment of the market in Q2/2020, however, an inflection point may have been reached. That said, the sound underlying fundamentals should ensure that market weakness is manageable for a while."
"Despite the significant levels of office supply expected this year, any lingering concerns about a glut have been eased with most of it already filled or pre-leased."
"May sees an uptick in the level of requirements, although more are being placed on hold"
"High levels of pent-up underlying demand remain despite slow pace of leasing activity"
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"The Philippine economy contracted by 0.2% in the first quarter of the year. This was mainly attributed to multiple shocks to the economy."
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"The COVID-19 outbreak severely impacted Beijing’s office market. Both landlords and tenants are facing enormous pressure from the stagnate leasing market in 1H/2020 and have adjusted their leasing strategies to make it through these darkdays."
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"Though the initial three quarters of 2019 were marked by a number of negative factors including rising inflation, a contraction in industrial output and a falling GDP growth rate; the economy towards the end of 2019 had started showing signs of a turnaround."
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"In 2019, Chengdu’s GDP reached RMB1,701 billion in 2019, an increase of 7.8% year-on-year (YoY)—1.7 percentage points (ppts) and 0.3 of a ppt higher than the national rate and the Sichuan provincial rate, respectively."
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"The Coronavirus Pandemic and its Impact on Korea’s Commercial Real Estate."
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"Office rents saw continued growth in Q1/2020 and vacancy rates remain extremely tight. That said, this trend will likely end, or at least pause, due to the fallout from COVID-19. Airtight vacancy and advance notice equirements for relocation should, however, serve as a buffer until later this year."
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