Asian Cities Research

Savills Research & 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.

Market in Minutes - Asian investors' buying spree in Europe
18 October 2017

According to our first estimations, Asian investment in Europe since the beginning of the year reached €23.2bn in Q3.

 

Research search results: 155 found

 
Spotlight Seoul Retail 2H 2018

Spotlight Seoul Retail 2H 2018

26 October 2018

Amidst the rise of online commerce and the shrinking share of offline retail sales, changes in the retail real estate environment are highly visible. Owner/operators continue to liquidate hypermarkets and department stores as the market for these assets remains stable. Investment targets are becoming more varied, such as buying smalland medium-sized buildings, partaking in shopping mall development projects, and converting office floors to retail floors.

 
 
 
Beijing Retail 2H 2018

Beijing Retail 2H 2018

26 September 2018

Retail sales in Beijing were up 4.4% year-on-year (YoY) to RMB539.8 billion in 1H/2018, although the growth rate continued to slow. Total retail sales of consumer goods reached RMB486.3 billion, of which the F&B industry accounted for RMB53.5 billion. Online retail sales continued to record strong growth, registering a 22% YoY increase to RMB113.7 billion and accounting for 21.1% of total retail sales.

 
 
 
Chengdu Retail 2H 2018

Chengdu Retail 2H 2018

26 September 2018

In the "2018 Commercial Appeal Ranking of Chinese Cities" by CBN Weekly, released in April 2018, Chengdu once again won first place among other new first-tier cities. The ranking takes into consideration commercial resources aggregation, accessibility, residents’ vitality, lifestyle diversity, and future flexibility. Chengdu, as one of the most important centres in Western China, has promising opportunities for future commercial development.

 
 
 
Guangzhou Retail 2H 2018

Guangzhou Retail 2H 2018

26 September 2018

According to the Guangzhou Statistics Bureau, Guangzhou’s GDP expanded to RMB1,065.3 billion at the end of 1H/2018, increasing 6.2% year-on-year (YoY). Tertiary industry grew by 6.1% YoY to RMB752.0 billion at the same time, accounting for 70.6% of total GDP. Market inflation was stable in Guangzhou, with the local CPI increasing by 0.1 of a percentage point (ppt) YoY to 102.3 in Q2/2018.

 
 
 
Hong Kong Investment 2H 2018

Hong Kong Investment 2H 2018

26 September 2018

Hong Kong’s property markets have seen a remarkable period of growth since 2009 driven by an array of positive drivers, both domestic and foreign. Measures put in place to address the parlous state of the world’s major economies post Global Financial Crisis (GFC) resulted in abundant liquidity and extremely low interest rates. Because of the US/HK Dollar peg, interest rates in the territory fell in tandem (and in inflation adjusted terms have been in negativ

 
 
 
Kuala Lumpur Office 2H 2018

Kuala Lumpur Office 2H 2018

26 September 2018

Greater KL continues to see supply growth, although in 1H/2018, all 1.86 million sq ft of this space was located in suburban areas. In keeping with longer term trends, about 15-20% of the new supply came in the form of stratified offerings, which generally do not compete well with the remaining en-bloc space available in the market.

 
 
 
Macau Residential 2H 2018

Macau Residential 2H 2018

26 September 2018

Macau’s economy is expected to grow at its fastest pace yet, with real GDP in the first half of 2018 increasing by 7.6% year-on-year (YoY). This growth is supported by Macau’s pillar industries of gaming and tourism, with increases in gaming revenue and visitor spending. In the first half of 2018, gross gaming revenue (GGR) reached MOP150.22 billion, increasing by 18.9% quarter-on-quarter (QoQ); it’s the biggest jump since February 2014. January to May

 
 
 
Pangyo Office 2H 2018

Pangyo Office 2H 2018

26 September 2018

Located south-east of downtown Seoul, Pangyo is a planned city in Gyeonggi province which the Government developed to alleviate Seoul’s housing shortage and accelerate IT industrial development. To prevent the city from becoming a commuter town and to be self-contained, the central and Gyeonggi provincial government constructed a venture valley called Pangyo Techno Valley I (First Pangyo) at Bundang-gu, Seongnam-si covering a 660,000 sq m land site.

 
 
 
Shanghai Retail 2H 2018

Shanghai Retail 2H 2018

26 September 2018

China’s economy slowed to 6.7% in Q2/2018 amid signs that the financial de-risking and the China-US trade war were starting to have an impact on businesses. Domestic consumption has become an increasingly important driver of growth, supported by the government’s efforts to rebalance the economy as well as advancements in online sales platforms and improvements in the physical market.

 
 
 
Shenzhen Residential 2H 2018

Shenzhen Residential 2H 2018

26 September 2018

Located at the southern tip of the Pearl River Delta and bordering Hong Kong, Shenzhen is a relatively new city with only 40 years of history. The city grew from a small farming village to become one of the four tier-one cities in China. Its rapid population growth and economic development are a result of its designation as a Special Economic Zone, established by the central government in the late 1970s, as well as its close proximity to Hong Kong.

 
 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square

+852 2842 4573