We consider market supply and demand one of the cornerstones of underwriting but realised that the market reports on supply by IPCs did not comprehensively capture the true building-wise data that is crucial in making investment decisions. This led us to start our own supply study that we believe is a lot more granular and helpful to the larger investment community.
Building wise upcoming supply in 4 cities
Market outlook and forecasts
Recommendations for investors
Building on the supply data provided by the JLL Research team, we visited each of the properties in our target cities - taking photographs, talking to developers as well as brokers - as we compiled the information.
This helped us in understanding when a particular building was likely to come on stream and meant that we had the most accurate understanding of where supply was and where rents were headed.
Recommendation: Strong demand from IT and managed offices make SBD East and West very attractive.