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On Mar 31, Japan announced that it would impose a travel ban on an additional 49 nations (e.g., United States, Australia, Canada, South Korea, and Britain), bringing the total banned to 73

hotel
retail
japan

bulleted by: Rick

source title: Japan to expand entry ban to 73 countries, regions amid virus spread

source date: Apr 1, 2020

source: The Mainichi

China Galaxy AMC established for the purpose of acquiring and managing NPLs in China, making it the fifth national AMC - AMC licenses are restricted to SOEs, but talks are underway that would allow foreign firms to apply for local AMC licenses

china
asia pacific

bulleted by: Rick

source title: Coming of age for China’s NPL market: first national AMC approval in 21 years

source date: Mar 30, 2020

source: King & Wood Mallesons

Supermarkets, pharmacies, and corner stores are now permitted to operate 24/7 in New South Wales, Australia providing the community with round-the-clock access to food, medical supplies, and essential household goods

retail
industrial
nsw
australia

bulleted by: Rick

source title: Supermarkets and pharmacies now able to operate 24/7

source date: Mar 25, 2020

source: NSW Planning

In Singapore, a 100% property tax rebate for 2020 to be given to non-residential property types hardest hit by the coronavirus, including hotels, serviced apartments, tourist attractions, shops, and restaurants

asia pacific
hotel
office
industrial
singapore

bulleted by: Wataru

source title: Property Tax Rebate For Non-Residential Properties

source date: Mar 27, 2020

source: IRAS

Effective Mar 28, 2020, China to suspend entry by foreign nationals holding previously issued visas or residence permits (excludes diplomatic, service, courtesy, or C visas)

hotel
retail
asia pacific
china

bulleted by: Wataru

source title: China to suspend entry of foreign nationals

source date: Mar 27, 2020

source: Shanghai Daily

Executive order issued authorizing local governments in California to halt evictions for renters and homeowners, helping to slow foreclosures, and protect against utility shutoffs for Californians affected by COVID-19, effective through May 31, 2020

california
los angeles
residential
san francisco

bulleted by: Wataru

source title: Governor Newsom Issues Executive Order to Protect Renters and Homeowners During COVID-19 Pandemic

source date: Mar 16, 2020

source: Office of Governor

Tokyo Olympics 2020 originally scheduled for Jul 24 - Aug 28 to be moved to Summer 2021, the delay being the first such occurence in the Games' 124-year modern history

hotel
asia pacific
tokyo

bulleted by: Wataru

source title: Tokyo Games moved to 2021 as ‘light at end of pandemic tunnel’

source date: Mar 25, 2020

source: Asahi Shimbun

Tokyo Olympics 2020 will not be canceled, only delayed if the International Olympic Committee decides it appropriate to do so, says Prime Minister Abe

tokyo
hotel
retail

bulleted by: Wataru

source title: Abe says Japan will accept delay of Olympics at IOC’s request

source date: Mar 23, 2020

source: Asahi Shimbun

Melbourne's office vacancy rate at 3.2% as of Jan 2020 (6.5% 10-year ave.) - new supply through Jan 2021 forecasted at 317,288 sqm (3.4M sqft), of which 270,000 sqm to come online in H1 2020, much of it pre-committed at 98%

melbourne
office
asia pacific

bulleted by: Wataru

source title: CBD Office RFR H1 2020

source date: Feb 20, 2020

source: Colliers

2019 leasing demand for prime office in Seoul strengthened with annual net absorption at 1.4x the 5-yr ave., but vacancy rates to rise given supply equivalent to 30% of YBD's existing prime office stock scheduled for market (e.g., Parc1 Tower 1/2)

asia pacific
office

bulleted by: Wataru

source title: Q4 2019 Seoul Office Market Report

source date: Feb 3, 2020

source: Savills