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Hong Kong Retail Leasing - Apr 2021
"Although we are not out of the woods yet, some signs of improvement have been noted in the first quarter as rates of rental decline have slowed and retail sales have picked up. "
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"Although we are not out of the woods yet, some signs of improvement have been noted in the first quarter as rates of rental decline have slowed and retail sales have picked up. "

"Pent-up demand for homes has been amplified by changing buyer needs, with a renewed appetite for space"

"Extensions to business rates holidays, reduced hospitality VAT rates and CJRS are likely to mitigate some of the headwinds over the summer months"
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"Although rates of rental decline are showing signs of slowing, the market dynamics are similar to previous quarters with an absence of new arrivals and a reliance on local demand."
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"Availability climbs higher with sublease additions, optimism grows for office return later in the year "

"Manhattan availability soars to over 17.2%, its highest level in decades"

"Los Angeles office leasing is off to an expected slow start in 2021"

"San Francisco sees small signs of market return from shutdown, eventually leading to conditions prime for tenant opportunity"

"Downtown Chicago office market continues to soften as a growing number of occupiers prepare for re-engagement, reopening "
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"One year of pandemic fallout brings record-low leasing and record-high availability to DC "