2020

"With Japan continuing to exude stability amid the global pandemic, the country should continue to attract international capital going forward. In the meantime, domestic corporates are likely to offer opportunities through real estate dispositions aimed at offsetting the impact of COVID-19 and improving capital efficiency."

"Following a strong second semester last year, the office market in Jakarta CBD started off the year with a rather soft performance. While enquiries continue to derive from tenants looking for better quality space, net take-up in the first three months fell from a quarter ago."

"The first luxury apartments in Jakarta were developed to accommodate the growing expat population during the economic boom in the 1990s. From upscale neighbourhoods in the CBD fringe, later developments expanded into the golden triangle"

"Covid-19 pandemic has brought the trend of flexible working to a new level. Supported by technology advancement, this way of working practice is seen as a most viable option in the so-called ‘new normal'"

"2019 has been a tough period for the global economy with trade tension between US and China and recessions in some countries. "