# Jakarta retail rents edge higher as international brands expand

- **Source:** Real Estate Asia
- **Published:** 2026-08-18T23:16:39.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-retail/news/jakarta-retail-rents-edge-higher-international-brands-expand
- **Topics:** Commercial & Industrial, Regional Markets

## Featured rationale

International-brand expansion and constrained prime-mall supply signal resilient occupier demand, which could sustain competition for established locations and gradual rental growth.

## AI summary

Jakarta prime shopping-centre rents rose 0.25% quarter-on-quarter in Q2 2026, as no new malls opened and vacancy tightened slightly to 4.1%.

## Original article

Prime shopping centre rents rose a modest 0.25% in Q2.

Jakarta's prime retail market remained resilient in the second quarter of 2026, with international fashion and food and beverage brands continuing to expand despite limited availability of prime shopping space, according to JLL.

Several international retailers opened their first Indonesian stores in Jakarta during the quarter. Golden Goose and COS entered the market through Jakarta locations, while ACE Hardware and KKV reopened stores after previous exits. JLL also noted continued consolidation in fast fashion, with replacement tenants taking over space vacated by other retailers.

No new prime shopping malls opened in Q2, helping the vacancy rate tighten slightly to 4.1%. JLL said strong demand in established shopping centres continued to support occupancy, while limited availability increased competition for quality retail space.

The prime mall development pipeline also remains constrained. The next major addition is expected to be the 56,000 sq m Kota Kasablanka Extension, which is scheduled for completion in 2029.

Prime shopping centre rents rose a modest 0.25% quarter-on-quarter in Q2. JLL noted that stable occupancy and sustained retailer demand continued to support gradual rental growth in established prime locations.

No retail investment transactions were recorded during the quarter. Nevertheless, international retailers continued to prioritise prime mall locations despite limited availability and broadly stable rental conditions.

JLL expects international fashion and F&B brands to continue entering and expanding in Jakarta through the rest of 2026. With no additional prime mall supply expected this year, competition for established locations is likely to remain strong and occupancy levels should stay stable.

Landlords are expected to maintain cautious rental adjustment strategies while monitoring tenant performance and broader market conditions.

## Chinese translation

> Translation model: grok_cli

### 国际品牌扩张推动雅加达零售租金小幅上涨

2026年第二季度，雅加达核心零售市场保持韧性，国际时尚及餐饮品牌尽管

第二季度核心购物中心租金小幅上涨0.25%。

据仲量联行（JLL）称，2026年第二季度雅加达核心零售市场保持韧性，尽管优质购物空间供应有限，国际时尚及餐饮品牌仍持续扩张。

本季度多家国际零售商在雅加达开设了其在印尼的首店。Golden Goose和COS通过雅加达门店进入市场，ACE Hardware和KKV则在此前退出后重新开业。仲量联行还指出，快时尚领域持续整合，替换租户接手了其他零售商腾出的空间。

第二季度没有新的核心购物中心开业，空置率因此略微收紧至4.1%。仲量联行表示，成熟购物中心的强劲需求继续支撑出租率，而供应有限则加剧了对优质零售空间的竞争。

核心商场开发管线亦依然受限。下一处主要新增供应预计为56,000平方米的Kota Kasablanka扩建项目，计划于2029年完工。

第二季度核心购物中心租金环比小幅上涨0.25%。仲量联行指出，稳定的出租率及持续的零售商需求，继续支撑成熟核心地段租金的渐进式增长。

本季度未录得零售投资交易。尽管如此，在供应有限且租金整体稳定的情况下，国际零售商仍继续优先选择核心商场位置。

仲量联行预计，国际时尚及餐饮品牌将在2026年余下时间继续进入并扩张于雅加达。由于今年预计不会再有新增核心商场供应，对成熟地段的竞争料将保持激烈，出租水平应可维持稳定。

业主预计将在监测租户表现及更广泛市场状况的同时，维持谨慎的租金调整策略。