Vietnam data centre market poised for expansion: JLL
According to JLL’s report, Vietnam's data centre market is set for significant expansion, propelled by a burgeoning digital economy and rising data consumption fuelled by activities like social media, e-commerce, and gaming with development says Celina Chua, Data Centre Client Solutions Director...
Jolyon Thomson appointed as Executive Director of Logistics and Industrial division Singapore JLL
JLL has appointed Jolyon Thomson as Executive Director for the Logistics and Industrial team in Singapore, collaborating with JLL's Markets Advisory team to engage with investors and occupiers in Singapore, reporting to Chris Archibold, JLL's Country Head for Singapore.
PLP Architecture London wins design competition for sustainable architecture in South Korea
PLP Architecture, based in London, has won a design competition to create South Korea’s first Net Zero National Meteorological Center in Daejeon in collaboration with PLP Labs, POSCO A&C, and A10.
Asian commercial real estate markets remain stable – Colliers
According to Colliers’ Q1 2024 APAC Cap Rates Report across 19 markets, oversupply and rental pressure were key factors driving cap rate movements for office, retail, and industrial sectors.
JLL has appointed Taeho Yi as the Country Manager for Korea, effective June 2024. Yi, a respected leader in the real estate industry, will oversee JLL's operations and strategy in South Korea.
Delayed rate cuts push back Asia Pacific commercial real estate investment recovery – CBRE
CBRE's recent survey indicates that delayed rate cuts and investor caution are prolonging the recovery of commercial real estate investment in the Asia Pacific region until late 2024 or early 2025, resulting in a 14% year-on-year decline in investment volume to US$24 billion in Q1 2024.
Dorothy Chow appointed as Head of Valuation & Advisory Services in Hong Kong by Colliers
Colliers has appointed Dorothy Chow of over 25 years of experience and expertise in valuations and property development advisory as Head of Valuation & Advisory Services, aiming to enhance client offerings and leading the market in Hong Kong.
Singapore received the highest proportion (45.6%) of overseas investment among Asia-Pacific markets in Q1 2024 – Knight Frank
In the first quarter of 2024, Singapore experienced a significant increase in cross-border investment, outpacing the Asia-Pacific region with a 22.8% rise above the 10-year average, contributing US$906 million mainly in the hospitality sector, according to Knight Frank.
87% of Indian occupiers prefer renewable office portfolios by 2030 - JLL
According to JLL survey, the majority of office occupiers in Delhi, Mumbai, Bengaluru, and Chennai are aiming for at least half of their office portfolios to be powered by renewable sources by 2030.
Asia Pacific region pays higher rentals for better quality offices - Colliers
Colliers' Asia Pacific Office Markets report highlights that despite cost consciousness, occupiers are willing to pay higher rentals for top-quality offices and prime locations to attract talent, explains Mr Mike Davis, Colliers Managing Director of Occupier Services, Asia Pacific.