Asia-Pacific office vacancy rates reach a new peak in Q2 2023 - Knight Frank
Knight Frank has released its latest Asia-Pacific Prime Office Rental Index for Q2 2023 - a comprehensive analysis that tracks the rental performance of prime office properties across 23 key markets in the Asia-Pacific region.
JLL unveils first GPT model for commercial real estate
Developed by JLL Technologies (JLLT), the technology division of JLL, the bespoke generative artificial intelligence (AI) model will be used by JLL’s 103,000+ workforce around the world to provide CRE insights to clients in a whole new way.
Industrial property market records another stellar performance in 2Q23 - JLL
Robust demand saw Singapore’s industrial rents and prices climbed for the eleventh consecutive quarter. This was despite the third successive quarter of contraction in manufacturing output, which deepened from -5.3% y-o-y in 1Q23, to -7.5% y-o-y in 2Q23, ...
Savills Completes Sale of a Residential Site Fanling sold for HK$77.3M
Savills announce the successful completion of the transaction of a residential site in Fanling, New Territories (the “Property”), where the core area of the “Northern Metropolis”. The Property was sold to Ming Hing Waterworks for HK$77.3 million.
Close to SGD3.8 billion of investments recorded in Q2 2023, boosted by government land sales - Colliers
Transaction volumes are expected to pick up towards the end of 2023 with more clarity on the trajectory of interest rates and inflation, helping investors in their decision making.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.