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Tokyo Office Supply - June 2021
"Whilst the worst appears to be over, concernslinger over secondary vacancy and future supply"
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"Whilst the worst appears to be over, concernslinger over secondary vacancy and future supply"

"Positive news regarding global vaccination programs and travel bubble arrangements have substantially improved investor sentiment. However, this positivity is yet to be reflected in the hotel market transaction volume this quarter."
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"Asia Pacific Investment Quarterly for Q1/2021 covers all major investment transactions of 17 cities in 11 countries around the region."
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"Warehouse rents rebounded given early signs of a recovery in both local trading conditions and the retail sector with vacancies trending downwards."
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"Rental declines have generally moderated for now, but corporate downsizing continues and 2022 and 2023 threaten a supply overhang."
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"Although we are not out of the woods yet, some signs of improvement have been noted in the first quarter as rates of rental decline have slowed and retail sales have picked up. "
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"Although rates of rental decline are showing signs of slowing, the market dynamics are similar to previous quarters with an absence of new arrivals and a reliance on local demand."
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"Savills Asia Pacific Real Estate Investment Country Guide covers 13 countries around the region including Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam, UK and US."
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"Prime office rental markets in most cities entered a down cycle in 2H/2020, with rental movements ranging from -9.4% (Hong Kong) to +1.5% (Shanghai). "
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"Savills, together with the entire population of Viet Nam, are ready to fight the new wave of Covid-19."