Cityscape

DTZ Insight - Real estate opportunities in Vietnam - Growth potential exists Aug 3 2010 Despite the global financial crisis that hit many countries last year, Vietnam managed to achieve a GDP growth of 5.3% in 2009, making it the third fastest expanding Asian economy (Figure 1).
Source: DTZ

Shanghai Grade A Office Knowledge Report - 2Q 2010 Jul 29 2010 The Shanghai Grade A offi ce market saw a reasonable amount of new take-up in Q2, which mostly offset the new supply entering the market and left vacancy rates unchanged on a quarterly basis.
Source: Colliers International Property Consultant (Shanghai) Co. Ltd.

Shanghai High-end Residential Market - 2Q 2010 Jul 29 2010 The Shanghai residential market saw a continued decrease in sales volume in Q2 as the government's tightening measures continued to decrease demand for residential property. Boosted by EXPO, the high-end residential leasing market performed extremely well. Vacancy rates saw a signifi cant drop while rental rates edged up slightly in Q2.
Source: Colliers International Property Consultant (Shanghai) Co. Ltd.

Shanghai office MarketBeat 2Q 2010 Jul 29 2010 After the strong rebound in Q1, the Shanghai Grade A office market fared well in Q2, as there was a gradual recovery in demand. Shanghai Grade 'A' office rents rose by 4.5% q-o-q to RMB317/sq.m/mth. Grade 'A' rents in Lujiazui rebounded by 7.0% q-o-q, leading the Grade 'A' office market. Rental continued to increase in Pudong underpinnd by the improving occupancy rate which reduced some landlords’ pressure to slash rents.
Source: Cushman & Wakefield

Phuket Hotel MarketView Q1 2010 Jul 29 2010 The hotel market in Phuket in the first quarter of 2010 showed a remarkable recovery in both occupancy rates and Average Daily Rate (ADR). ADR of selected hotels increased by 7.6% Y-o-Y, an increase from last year's high season. Luxury hotels saw the most dramatic increase in ADR of 10.3% Y-o-Y. ADR of first-class and mid-range hotels increased by only 2.6% Y-o-Y and 1.8% Y-o-Y, respectively.
Source: CB Richard Ellis (Thailand) Co. Ltd.

Shanghai retail MarketBeat 2Q 2010 Jul 29 2010 With the opening of Expo and the boost of retail sales, the net asking rent of major shopping malls increased by 3.1% to RMB1,704/sq.m/mth in Q2. The market stock increased by around 250,000sq.m in Q2 as several retail projects finished their renovation and the IFC Mall began operation. However, with the robust absorption and good pre-lease rates, the vacancy rate only increased marginally 0.6pts to 5.2%.
Source: Cushman & Wakefield

Chengdu retail MarketBeat 2Q 2010 Jul 27 2010 H&M, as one of the world's leading fashion retailers, have recently signed a lease for 1,850 sq.m of space on Levels 1 and 2 of Galleria Chengdu. On opening in October 2010, this will be H&M’s first store in Chengdu.
Source: Cushman & Wakefield

Chengdu office MarketBeat 2Q 2010 Jul 27 2010 Chengdu Grade A office rents saw a 1.5% increase this quarter. The leasing market was relatively active, with many companies relocating or expanding. Large transactions closed this quarter including Shanghai Forte Land relocating to Lippo Tower and occupied one floor; Shidai Hexin Company leased 870 sq m in Air China Century Centre; Baoji Oil Machine Company and Guangdong Dongguang Group leased 2,000 and 1,340 sq m respectively in Yinhai Star.
Source: Cushman & Wakefield

Guangzhou office MarketBeat 2Q 2010 Jul 26 2010 Indicated by a 25.9% y-o-y growth in fixed asset investment and a stronger-than-expected nominal retail sales growth of 18.7% yo-y in May, China nationwide economy remained robust. On the external font, China’s exports in May rose by 48.5%, with shipments to the US and Europe leading the way. Despite the upbeat performance in May, a slowdown was witnessed in June indicated by the fall in Purchasing Managers’ Index (PMI) from 53.9 in May to 52.1 in June.
Source: Cushman & Wakefield

Beijing retail MarketBeat 2Q 2010 Jul 26 2010 Along with the quick expansion of many well-known brands, the Beijing retail market kept active in Q2 2010. Rent in Xidan submarket had a tiny uplift and still recorded the leading position in the overall market. Rent in Wangfujing area climbed by 7.69% to RMB1,050/sq.m/mth. Continued expansion of international brands sent the rents of Zhongguancun higher by 8.33%. CBD’s rent got a lift and rose to 930/sq.m/mth, unaffected by new supply coming online in this submarket. Sanlitun’s rent increased by 5.88% to RMB 900/ sq.m/mth.
Source: Cushman & Wakefield