Prime Benchmark 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.

 

Research search results: 12 found

 
Prime Benchmark, July 2019

Prime Benchmark, July 2019

05 September 2019

Prime office rental markets in most cities are now in a late up-cycle. The prime markets recorded rental movements from -3.0% (Shenzhen) to +16.3% (Ho Chi Minh City). In China, negative rental growth was seen in Shenzhen (-3.0%), Beijing (-1.4%) and Guangzhou (-0.4), with the exception of Shanghai (0.1%). The sluggish GDP growth of 6.2% in Q2/2019, the trade war and ongoing deleveraging by the central government will continue to put downward pressure on the office sector. In Ho Chi Minh City,

 
 
 
Prime Benchmark, January 2019

Prime Benchmark, January 2019

18 March 2019

In local terms, prime office rental markets in most cities are now in a late up-cycle. The prime markets recorded rental movements from -4.8% (Jakarta) to +8.3% (Sydney) ...

 
 
 
Prime Benchmark, July 2018

Prime Benchmark, July 2018

17 August 2018

In local terms, prime office rental markets in most cities rose slightly over the first half of the year and many are now in an early up-cycle. The markets moved by between -1.4% (Jakarta) and 7.3% (Osaka). Because of tightening supply in Osaka with a vacancy rate below 3%, prime buildings in this market saw higher rental growth than the average. Hong Kong remains easily the most expensive prime office market in the region 86% ahead of its nearest rival, Tokyo (C5W).

 
 
 
Prime Benchmark, January 2018

Prime Benchmark, January 2018

01 January 2018

APAC economic growth continued to picked-up moderately in 2H/2017 and the International Monetary Fund estimates that the “Emerging and Developing Asia” economies grew by 6.5% over the year as a whole while China grew by 6.8% and Japan’s economy grew by 1.8% in 2017 from 0.9% in 2016. The improving global economic outlook and an accommodative monetary policy created momentum for business expansion.

 
 
 
Prime Benchmark, July 2017

Prime Benchmark, July 2017

07 September 2017

The US dollar depreciated against most Asian currencies by between 0.6% and 6.8% during the first half of 2017. This is reflected in the rental values of income-producing assets in Asia which have become relatively more costly in US dollar terms.

 
 
 
Prime Benchmark, January 2017

Prime Benchmark, January 2017

18 March 2017

In December 2016, the Federal Reserve Bank raised the benchmark rate by a quarter-point from 0.5% to 0.75% for the second time since the financial crisis. The action was in response to a stronger US economy and higher inflation expectations. The market generally expects the US dollar to strengthen as a result, with implications for dollar denominated accommodation costs in the region. 

 
 
 
Prime Benchmark, July 2016

Prime Benchmark, July 2016

03 August 2016

The global economy continued to make a slow recovery during 1H/2016 while external demand remained challenging. Maintaining adequate liquidity and a relaxed credit environment were the main themes in many Asian countries. However, political events such as the Brexit vote and the US Presidential election are adding some uncertainty to global economic growth and The Fed is likely to be more wary of hiking rates in the near term. Except for China, which saw a depreciation trend, most Asian

 
 
 
Prime Benchmark, January 2016

Prime Benchmark, January 2016

22 February 2016

 

 
 
 
Prime Benchmark, July 2015

Prime Benchmark, July 2015

01 July 2015

 

 
 
 
Prime Benchmark, January 2015

Prime Benchmark, January 2015

30 January 2015

 

 
 
 

Key contacts

Amy Wong

Amy Wong

Director
Research & Consultancy

Kuala Lumpur

+603 2092 5955

 

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