A Cushman & Wakefield Research Publication - 2017 Global Forecast
TOKYO
With more than half of the emerging markets expecting vacancies to rise more than 14%, deceleration in rent growth will continue through 2019. Thus, conditions are likely to remain tenant-favorable, with the exceptions of Manila, Bangkok, Bengaluru, and Hyderabad. Rents in core markets are expected to pick up pace in 2018, except Tokyo and Seoul. In Tokyo, a market correction will continue through 2020 eroding huge rental gains recorded over the last five years. Overall, we expect tenant-favorable conditions in core locations through 2019, except Sydney, Hong Kong’s Greater Central, and Singapore, where vacancies will tighten going forward.
TAIPEI
“ Tenant-favorable conditions are expected in core locations through 2019, except Sydney, Hong Kong’s Greater Central, and Singapore - where vacancies will tighten going forward.”
BRISBANE
SYDNEY
cushmanwakefield.com / 47
MELBOURNE
Made with FlippingBook