Colliers Korea achieves success in May with closure of three major transactions worth USD780 million
Leading diversified professional services and investment management company Colliers announces a highly successful month in May, marked by the completion of three significant deals with a combined value of USD780 million (KRW1 trillion), marking the only major transactions closed in the Seoul...
While rents in Seoul’s major retail districts have drifted sideways in 2022, future rental growth will be determined in part by the attractiveness of the physical store in providing customer experiences.” Says 2023 Korea Retail Market Outlook Report by Savills, Simon Smith Savills Regional Head...
Asia Pacific Real Estate Investors Target Opportunistic Strategies in 2023: CBRE Survey
Melbourne has joined Sydney as a top 10 Asia Pacific destination for international real estate capital, according to CBRE’s 2023 Asia Pacific Investor Intentions Survey.
Companies are paying more to rent space in Asia’s green buildings: JLL study
Analysis concludes that green certified buildings across 11 major Asian cities command a premium of up to 28%, according to new research from the real estate consultant.
ESR partners with SK Plug Hyverse and Coupang Fulfilment Services to develop and operate S.Korea’s first hydrogen powered fulfilment centre
ESR Group Limited announced that, through its subsidiary Kendall Square Asset Management, it has signed a memorandum of understanding with SK Plug Hyverse and Coupang Fulfilment Services for the development and operations of South Korea’s first eco-friendly hydrogen powered fulfilment centre....
Asia Pacific real estate investment declines by 17% in 1H 2022 - JLL
JLL estimates US$70.9 billion in regional transaction volumes in the first half with year-on-year declines influenced by slowing China, Japan, and Australia deal activity.
Investors increasingly keen to hold quality assets as a hedge against macro uncertainty, with premium office space especially coveted across the region says Colliers Asia Pacific Market Snapshot, comments from John Howald, Executive Director and Head of International Capital, Capital Markets...
CBRE releases 2021 Seoul Office Tenant Profile and Outlook report to identifying demand drivers
According to the report, leasing activity volume recovered significantly starting in the second half of 2020, backed by aggressive expansion activities by companies, and Seoul’s Grade A office market recorded the highest net absorption of 555,000 sq. m. in 2021 despite the ongoing pandemic.
Asia Pacific real estate investment surges 20% in Q1 2022: JLL Research
We are still seeing intense competition for assets and maintain our projection of over $200 billion in direct investment into Asia Pacific for 2022,” says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.