Renewable-powered offices preferred by corporate real estate leaders: JLL
Most corporate real estate leaders in the Asia Pacific aim to power at least half of their office portfolio with renewable energy by 2030, according to JLL.
JLL Thailand reveal 2024 ESG trends and commitments for sustainability
JLL Thailand highlights 2024 ESG trends in real estate and the benefits of sustainability for property owners and investors, including the growing demand for green buildings. Integrating ESG principles not only aligns with environmental goals but also offers financial benefits.
Asia Pacific home to half of the world’s top 10 most innovative cities: JLL
According to JLL, Beijing, Tokyo, Seoul, Singapore, and Shanghai are among the world’s top 10 cities for innovation and talent, attracting significant investment, particularly in generative AI. Investment in alternative sectors like electric mobility and green buildings is rising to address...
Malaysia emerges as key player in Asia-Pacific offshoring market
According to Knight Frank, the Asia-Pacific offshoring market is witnessing remarkable growth, with Malaysia emerging as a significant player, capturing over 8% market share.
Singapore office rent rises to 15-year high in 1Q24: JLL
According to research from JLL, Singapore’s office rent performance in 1Q24 resumed its upward climb after a brief slowing of leasing activity at the end of 2023. The gross effective rent for Central Business District (CBD) Grade A office space rose 1.3% quarter-on-quarter, the highest rent...
Asia Pacific corporates racing towards net zero portfolios by 2030 – JLL
A study by JLL reveals that nine out of ten commercial real estate occupiers in Asia Pacific are striving to achieve 100% green certified portfolios by 2030, propelled by corporate net zero carbon (NZC) goals.
According to Knight Frank Thailand, occupied space decreased by 0.7%, leading to a 3.2 percentage point drop in the overall occupancy rate to 84.4% due to geopolitical tensions and rising freight rates.
HK logistics market faced mixed results in Q4: Savills
In Q4/2023, Hong Kong's logistics market saw a rise in warehouse vacancies due to new developments. However, there was a rebound in merchandise trade and air freight, driven by regional trade revival and e-commerce growth is expected to support the market in 2024.
