ASEAN Home Improvement Market Report 2021, Featuring Key Players Ace Hardware Indonesia, Siam Global House Public Company, Home Product Center Public Company, Mr D.I.Y. Group and AllHome Corp

ASEAN Home Improvement Market Report 2021, Featuring Key Players Ace Hardware Indonesia, Siam Global House Public Company, Home Product Center Public Company, Mr D.I.Y. Group and AllHome Corp

by Home Improvement

DUBLIN, Dec. 23, 2021 /PRNewswire/ — The “ASEAN Household Enhancement Sector (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Influence of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering.

The ASEAN dwelling improvement sector is forecast to attain US$10.90 billion in 2025, going through growth at a CAGR of 9.22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} during the interval spanning from 2021 to 2025.

Progress in the ASEAN property enhancement industry was supported by variables such as rising population in ASEAN nations, skyrocketing home rates, quick urbanization and favorable demographic composition. Growing e-commerce penetration and boost in work from household and freelancing positions is probably to have a beneficial effect on the ASEAN dwelling enhancement current market. Having said that, the market place development is envisioned to be restrained by scarcity of labor and economic slowdown.

The ASEAN home advancement current market can be segmented into the adhering to areas: Indonesia, Thailand, Malaysia, Philippines and Singapore. In 2020, the dominant share of ASEAN property enhancement sector was held by Indonesia, adopted by Thailand.

The Singapore dwelling enhancement market place by group can be segmented into the pursuing groups: toilet and sanitary ware, residence paint, components, kitchen sinks, electrical power applications, wall coverings, and hand applications. The largest share of the sector was held by bathroom, adopted by residence paint and hardware.

The ASEAN house enhancement current market by retail space for each capita can be segmented into the following locations: Indonesia, Thailand, Malaysia, Philippines and Singapore. In 2020, the dominant share of dwelling advancement retail area for each capita was held by Malaysia, adopted by Thailand. Elements this kind of as unaffordable household financial loans and rising disposable revenue in ASEAN countries aided in boosting the marketplace expansion.

Scope of the report

  • The report provides a detailed assessment of the ASEAN household advancement current market.
  • The key regional markets (Indonesia, Thailand, Malaysia, Philippines and Singapore) have been analyzed.
  • The sector dynamics these kinds of as advancement drivers, sector developments and difficulties are analyzed in-depth.
  • The competitive landscape of the marketplace, together with the enterprise profiles of top gamers (Ace Components Indonesia, Dairy Farm International Holding Limited, Siam International Dwelling General public Organization Limited, House Item Middle Public Firm Restricted, Mr D.I.Y. Team and AllHome Corp.) are also offered in element.

Expansion Motorists

  • Accelerating Populace Expansion
  • Skyrocketing Household selling prices
  • Unaffordable House Financial loans
  • Speedy Urbanization
  • Favorable Demographic Structure
  • Mounting Disposable Cash flow

Critical Developments & Developments

  • Increasing E-commerce Penetration
  • Rising Pattern of Freelancing
  • Technologically Highly developed Dwelling Improvement Items
  • Increase in Function from Residence Jobs
  • Popularization of Do-It-Yourself (Do it yourself)

Challenges

  • Financial Slowdown
  • Lack of Labor

Important Matters Lined:

Sector Overview

  • Residence Improvement
  • Varieties of Home Improvement
  • Goods Made use of in the Property Enhancement
  • Building and Remodeling
  • Dwelling Décor
  • Applications and Hardware
  • Out of doors Residing
  • Sorts of Household Advancement Jobs
  • DIFM Property Advancement Project
  • Do-it-yourself Property Enhancement Venture
  • Benefits of Dwelling Enhancement Tasks
  • Disadvantages of Dwelling Improvement Projects

Impression of COVID-19

  • Affect of COVID-19 on Home Improvement Industry
  • Decline in GDP Expansion
  • Lessen in Labor Offer
  • Progress in E-commerce Market place
  • Change to Perform from Residence
  • Write-up-COVID State of affairs

ASEAN Marketplace Analysis

  • ASEAN Dwelling Advancement Industry by Price
  • ASEAN Home Improvement Market Forecast by Benefit
  • ASEAN Property Enhancement Market place by Location
  • ASEAN Dwelling Enhancement Marketplace by Spending For every Capita
  • ASEAN Property Enhancement Industry by Retail House Per Capita
  • ASEAN Residence Enhancement Market by Outlets Per Million Individuals

Regional Examination

Sector Dynamics

Aggressive Landscape

  • Income Comparison- Key Players
  • Current market Capitalization Comparison- Crucial Gamers
  • Product or service Comparison- Essential Players

Organization Profiles

  • Ace Hardware Indonesia
  • Dairy Farm International Holding Constrained
  • Siam Worldwide Household General public Corporation Restricted
  • Household Merchandise Heart General public Organization Limited
  • Mr D.I.Y. Group
  • AllHome Corp.

For additional info about this report check out https://www.researchandmarkets.com/r/v9sya2

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Supply Analysis and Marketplaces

JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center

JLL Income Property Trust Acquires Newly Constructed North Tampa Surgery Center

by Investment Property

CHICAGO, Dec. 14, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.5 billion in portfolio assets, today announced the acquisition of North Tampa Surgery Center, a 13,000-square-foot, newly constructed medical office building in Odessa, Florida. The property is 100 percent leased on a long-term basis to Comprehensive Outpatient Joint and Spine Institute Center. The purchase price was approximately $8.5 million.

“Within the office sector, our priority investments are healthcare-oriented, focusing on medical office and life science properties,” said Allan Swaringen, President and CEO of JLL Income Property Trust. “In an uncertain environment for traditional multi-tenant office properties, these two healthcare-oriented sectors stand out for their lower vacancy rates, healthy net absorption and balanced new supply due to significant barriers to entry. These factors also lead to higher tenant retention, even during periods of weakness within traditional office market environments.” 

This acquisition increases JLL Income Property Trust’s healthcare allocation to nine properties totaling more than 925,000 square feet, valued close to $360 million and representing approximately 7 percent of its overall portfolio.

Swaringen added: “The shift towards outpatient, standalone surgery centers as an alternative to undergoing procedures in traditional hospital settings combined with the continued aging of our population positions medical office buildings as attractive portfolio additions to our stable value, income-oriented portfolio. It also positions the portfolio well to capture current and future demand, ultimately resulting in what we anticipate to be stable occupancy and long term cashflow.”

The build-to-suit property, newly constructed this year, comprises three surgery centers and new and innovative technology. The lease term is for 20 years and provides for an average of 2 percent annual rent increases. Located in the northern suburbs of Tampa, Odessa is a low-density but quickly growing community that is within 10 miles of nine hospitals, creating a strong base of potential referrals for North Tampa Surgery Center. LaSalle’s Research & Strategy team forecasts the area should continue to see strong population growth and increased healthcare spending.

JLL Income Property Trust is an institutionally managed, daily NAV REIT that gives investors access to a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world’s leading real estate services firms.

About JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),
Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing residential, industrial, grocery-anchored retail, healthcare and office properties located in the United States. JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis. For more information, visit www.jllipt.com.

About LaSalle Investment Management
LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages approximately $76 billion of assets in private and public real estate property and debt investments as of Q3 2021. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit http://www.lasalle.com, and LinkedIn.

Valuations, Forward Looking Statements and Future Results
This press release may contain forward-looking statements with respect to JLL Income Property Trust. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, research, market analysis, plans or predictions of the future. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Past performance is not indicative of future results and there can be no assurance that future dividends will be paid.

Contacts:

Scott Sutton
LaSalle Investment Management
Telephone:  +1 224 343 5538
Email:   [email protected]

Doug Allen
Dukas Linden Public Relations
Telephone: +1 646 722 6530
Email:  [email protected]

SOURCE JLL Income Property Trust

JLL Income Property Trust Acquires 4-Building Suburban Atlanta Distribution Center | National News

JLL Income Property Trust Acquires 4-Building Suburban Atlanta Distribution Center | National News

by Investment Property

CHICAGO, Dec. 7, 2021 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $5.5 billion in portfolio assets, today announced the acquisition of Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet. The Class A properties are located in the Atlanta suburb of Buford, Georgia, home to the premier Northeast Atlanta industrial submarket. The purchase price was $95 million.

“Friendship Distribution Center’s location in Atlanta’s Northeast submarket, high quality new construction and proximity to irreplaceable transportation infrastructure makes this an excellent portfolio fit for us as we continue to execute on our strategy of increasing our allocation to core industrial assets,” said Allan Swaringen, JLL Income Property Trust President and CEO. “Given this property’s strong tenant profile and exceptional location, this acquisition aligns well with our overall strategic objectives.”

JLL Income Property Trust’s aggregate industrial allocation is now over $1.6 billion of industrial holdings in 54 properties across 13 key markets, representing the second largest property type allocation in the portfolio.

Friendship Distribution Center is in an “A” location, with immediate proximity to Interstate 985, the major highway in the Northeast Atlanta submarket. Its strategic location provides access to the entire Eastern seaboard within a one to two-day drive.

Friendship Distribution Center is 96 percent leased to five tenants, with a weighted average lease term of approximately six years. According to LaSalle Research & Strategy, Atlanta is the fourth largest industrial market in the U.S. with more than 660 million square feet of space. The market set an absorption record in the second quarter of 2021 of 8.6 million square feet, bringing vacancy down to just 5 percent. The Northeast submarket specifically saw 2.1 million square feet of net absorption in the second quarter, the highest of any submarket in the Atlanta metro area, accounting for 24 percent of total absorption.

JLL Income Property Trust is an institutionally managed, daily NAV REIT that brings to investors a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world’s leading real estate services firms.

For more information on JLL Income Property Trust, please visit our website at www.jllipt.com.

About Jones Lang LaSalle Income Property Trust, Inc. (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),

Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing apartment, industrial, office and grocery-anchored retail properties located in the United States. JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis. For more information, visit www.jllipt.com.

About LaSalle Investment Management

LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages approximately $76 billion of assets in private and public real estate property and debt investments as of Q3 2021. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information, please visit http://www.lasalle.com.

Valuations, Forward Looking Statements and Future Results

This press release may contain forward-looking statements with respect to JLL Income Property Trust. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, research, market analysis, plans or predictions of the future. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Past performance is not indicative of future results and there can be no assurance that future dividends will be paid.

Contacts:

Scott Sutton

LaSalle Investment Management

Telephone:  +1 224 343 5538

Email:  scott.sutton@lasalle.com

Doug Allen

Dukas Linden Public Relations

Telephone: +1 646 722 6530

Email:  JLLIPT@DLPR.com

 

 

 

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SOURCE JLL Income Property Trust

Lowe’s Home Improvement donates ,000 to renovate senior citizen center at Odessa’s Old Town Hall | Columbia Basin

Lowe’s Home Improvement donates $68,000 to renovate senior citizen center at Odessa’s Old Town Hall | Columbia Basin

by Home Improvement

ODESSA – Lowe’s Residence Enhancement selected the metropolis of Odessa as 1 of its 100 Hometowns winners.

The 100 Hometowns plan is Lowe’s affect task system that money 100 unique neighborhood-based mostly endeavors across the U.S. as portion of its 100th birthday celebration. Odessa was only 1 of a few areas selected as a 100 Hometown recipient in the Pacific Northwest.

Task nominator Terri King says Lowe’s donated $68,000 to enable renovate Odessa’s Previous Town Corridor. The historic town corridor homes a senior citizen middle that was in dire need of staying modernized. Renovations bundled new flooring, construction of a massive door to open the area, new lights, new appliances, and electrical updates.






old town hall

Odessa’s Outdated City Hall from the outside 


The 100-year-outdated city hall is a put the community appears to be like upon with delight. The space is a haven for senior citizens to socialize, cook and engage in a wide range of work out classes. The senior center’s objective is to support its elderly group maintain excellent wellbeing, reduce loneliness, and make improvements to longevity.

“When our German ancestors recognized Odessa in 1900s, they remaining a legacy that continue to exists today,” stated job nominator Terri King. “It can be seen in the very long-time period investments made in the community around the last century: healthcare facility, nursing house, assisted-residing, school system, park, public swimming pool, Outdated City Hall, industrial park, golfing system, and a local community celebration that attracts 1000’s of individuals each 12 months. When other smaller communities are disappearing, Odessa has a dazzling potential. In Odessa, we know the grass isn’t often greener someplace else, fairly, we require to make the most of the group we have and nurture it so it proceeds to thrive.”

On Oct. 22, the city of Odessa will rejoice with an occasion referred to as “Renovation for the Senior Era,” at the Previous City Hall. The Lowe’s crew will maintain a Crimson Vest volunteer day for about a dozen of their workforce to assistance cleanse and place the developing back together commencing at 9 a.m. The thoroughly clean-up will be adopted by a group celebration at 11:30 a.m. which will understand Lowe’s, the volunteers that served, and the 100 persons/groups who donated an added $16,000. Those included in the renovation undertaking include things like volunteers with the neighborhood Lion’s Club, community users, and neighborhood college students.

 The renovation is just about complete.