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Bengaluru Offices and Warehouses 1H/2024
"India’s growth has been remarkable in recent few years, at a time when tensions and inflationary issues have scarred the global economic landscape."
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"India’s growth has been remarkable in recent few years, at a time when tensions and inflationary issues have scarred the global economic landscape."
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"Pakistan’s economy is showing signs of improvement with a stable exchange rate and a decline in inflation, signaling growing resilience and improved macroeconomic activity."
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"In 2023, total retail stock inclusive of hypermarkets in Greater KL grew by 3.3% year-on-year (YoY) to 75.1 million sq ft, representing 9.3 sq ft per capita, with Outer KL holding a 55% market share."
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"The Indonesian economy has recorded economic growth at the beginning of 2024 of 5.11% with foreign investment showing a positive trend at US$13.6 billion, mostly driven by the manufacturing sector."
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"In January 2023 when Hong Kong finally reopened its borders, everyone was hoping for a rebound in both the local economy and inbound tourist numbers, benefiting the much-depressed local retail sector."
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"Earlier "share houses" in Korea failed to attract a wide group of young adults due to a lack of privacy in shared living rooms, kitchens, and bathrooms."
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"Over the past 12 months, numerous media outlets have highlighted the high office vacancy rates in China’s Tier 1 cities, prompting discussions on the office overbuild and soft demand."
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"As of April 2024, the Macau government announced the abrogation of all remaining restrictive measures imposed on the real estate market, with the new policies taking effect on April 20th."
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"A slowdown in construction has pushed back the completion dates for office buildings across Metro Manila. This translates to a significant bump in completions anticipated for 2024."
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"Market momentum reboundsDevelopers are expanding land banks aggressively, contributing to 60% of transactions in Q1/2024."