The deals signed included 34 investment agreements covering a variety of sectors such as energy and information technology.
With the advent of recent events, the once integrated global economy has started to fracture along the geopolitical tension line between China and US. As the world trade bifurcates, there is more to lose in the China camp.
We put together a high-level summary of key macroeconomic and real estate market trends and looked briefly at the perennial issue of real estate investment in a high inflationary environment.
China announced plans to promote the optimization and upgrading of industrial structures, curb the blind
development of low-level projects with high energy consumption and high emissions, and develop green and
low-carbon industries to help the country meet its carbon peak goal.
Within the APAC retail e-commerce landscape, online grocery is expected to be the fastest-growing category. This growth in online grocery has been further accelerated when consumers were forced online following movement restrictions imposed to control the pandemic.
Despite challenges from the emergence of new variants in 2021, the Asia Pacific economies expanded and real estate activity reached a historic annual high. While the outlook for 2022 looks promising, downside risks are emerging.
Demand for tertiary education has been on a rising trend before the pandemic. As social restrictions ease and international travel returns, the demand for student accommodation is likely to rebound, supporting investments into this asset class.
Based on our recent occupier survey of ARA office assets in Singapore, most respondents do not expect their physical office footprint to change in the short term. On the future leasing needs, a minority of respondents are less sanguine with any new outfits.