JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
SG retail capital value growth remains stable
But expect rents to grow and underpin retail asset prices.
SG retail capital value growth remains stable
But expect rents to grow and underpin retail asset prices.
SG Prime residential properties grow 2% to 61,939 in Q1
JLL expected the completed supply would peak within the year.
Office rents dip 1.0% in Q1
Gross effective rents now stand at $11.30 psf pm NLA.
SG amongst top 3 markets where APAC investors plan to increase AUM
Six in 10 investors plan to increase investments in the Lion City.
Real estate investment volumes in APAC to fall 5%-10% in 2023
In 2022, volume declined by 25%.
Prime retail rents to extend growth in 2023
Rents grew 0.6% QoQ in Q4.
Prime rents to sustain growth but at a slower pace: JLL
This is linked to the large influx of supply and weaker economic performance.
Office market to cool further in next 12 months: report
This could lead to a “greater re-pricing,” JLL said.
Logistics assets will continue to be popular but capital value may slow down
JLL said occupiers of warehouse spaces will be cautious due to rent hikes.
How much firms are charged to rent green spaces
In Singapore, the premium stands between 4%-6%, JLL reported.
How much will it cost companies to fit out offices in Singapore?
JLL said the Lion City had amongst the biggest year-on-year increase in fit-out costs.
JLL, Manulife US Reit ink agreement for office space New Jersey property
The first phase of the project is expected to be completed in April 2023.
Rents in prime floor space in retail to rise 2.5%-3.5%: report
This is due to tightening vacancy rates and revival of the economy.
SG is 2nd most transparent real estate market in Asia
The market improved its data coverage and sustainability commitments.
Grade A office space average rent up 2.3% QoQ to $10.46: JLL
It is the fastest office rent growth since the second quarter of 2021.
8 of 10 SG businesses see real estate as critical for sustainability goals
80% of Singapore’s 60.7m sq. ft. of office space has been certified green.
Neil Road Shophouse goes on sale for $16.2m
JLL will serve as the exclusive marketing agent of the property.
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