APAC remains dominant source and destination for global capital: Colliers
Singapore, Hong Kong, China, and Japan among top 10 sources of cross-border capital in the second half of 2023, despite global investment volumes being below average.
Shortage for industrial spaces in Northern Metropolis - CBRE
According to CBRE, the relocation of Northern Metropolis brownfield sites will create significant demand for industrial leasing, with potential shortages of up to 15.5 million sq. ft. of industrial space projected from 2024 to 2029.
Asia-Pacific region tops luxury residential market performance in 2023: Knight Frank
Latest edition of The Wealth Report by Knight Frank reveals that despite interest rate hikes, 80% of global prime residential markets saw either flat or positive annual growth in 2023. Luxury prices rose by 3.1% on average, with the Asia-Pacific region leading at 3.8%.
HK residential leasing momentum ought to carry through 2024: Savills
According to Savills Hong Kong, strong demand for premium houses on the Peak contrasts with low interest in luxury rentals priced between HK$100,000 to HK$200,000. Diverse tenant profiles and budget constraints complicate the market, but local interest grows in mid-high-end rentals, maintaining...
ESR announces its first JPY 22 billion cross-border syndicated Sustainability-Linked Loan
ESR Group Limited, APAC’s largest real asset manager powered by the New Economy, announced today the closing of its first cross border JPY syndicated Sustainability-Linked Loan (“SLL”).
Thailand real estate to show ongoing resiliency in 2024: JLL
Thailand’s commercial real estate industry is poised to perform strongly in 2024, driven by the ongoing recovery in the country’s tourism market, growing manufacturing sectors, and flight-to-quality and flight-to-green movements into prime assets across core sectorscco, according to JLL (NYSE:...
Asia Pacific commercial real estate investment volumes rose 3% in Q4 2023: JLL
Investments in the fourth quarter totalled US$31.6 billion, representing a modest year-on-year uptick in investment volumes, breaking a seven-quarter slump, JLL’s Q4 2023 Capital Tracker.
New York City-based Urbahn Architects Establishes Urbahn International in Jakarta, Indonesia to Serve Clients Globally
Urbahn Architects, a prominent, full-service planning and design firm based in New York City, has launched Urbahn International, a new affiliate to focus on public, commercial, hospitality, multi-family, healthcare, educational and institutional work globally. Urbahn International will operate...
Office fit-out costs across Asia Pacific increase slightly, up 0.5% year-on-year: JLL
Tokyo overtakes Sydney as the most expensive city for office fit-outs as the cost to fit-out workplaces in Asia Pacific continues to rise, mirroring ongoing inflationary pressures, higher commodity prices and increased construction costs. According to global real estate consultant JLL’s (NYSE:...