Singapore ranks 4th in Asia Pacific among legal firms office leasing - Savills
According to Savills Research, Singapore ranked 4th in the Asia Pacific region for legal leasing, reflecting a trend of talent attraction and office space optimisation, with increased focus on flexible, tech-enabled designs for hybrid working patterns, says Ashley Swan, Executive Director of...
Capitalising opportunities on Hong Kong's EV charging boom - JLL
According to JLL’s latest Driving Change: Transforming Real Estate for the EV Era report, the rapid growth of electric vehicles (EVs) in Hong Kong is creating a significant demand for EV charging infrastructure, presenting a lucrative opportunity for property owners and investors to capitalise...
Modest growth amid rising demand for sustainable spaces for Bangkok office market Q2 2024 – Knight Frank
In Q2 2024, Bangkok's office market saw moderate growth with increased supply, occupied space, and rental rates, though the overall occupancy rate remained flat at 77%, says Panya Jenkitvathanalert, Executive Director and Head of Office Strategy and Solutions, Knight Frank Thailand.
India achieves transparency milestone in GRETI - JLL
India has made a historic leap by entering the transparent tier in JLL's Global Real Estate Transparency Index (GRETI) for the first time in 2024, making it now a top global improver in real estate transparency.
Highly transparent real estate markets make strong progress outpacing peers - JLL
Transparency improved globally in 2024, with Asia rising as a standout as markets make progress based on investments in technology integration and AI, data availability and sustainability. Comments by Richard Bloxam, CEO, Capital Markets, JLL.
According to Savills Research, Q2 2024 retail vacancy rate decreased marginally to 6.6% with Orchard Area rents rose slightly by 0.6% to S$23.00 psf, while Suburban Area rents stayed unchanged at S$14.70 psf.
Global industrial and logistics’s transactions rebounding higher post-Covid - Savills
Global industrial and logistics transactional activity is rebounding post-Covid-19, with $41.5 billion raised globally in H1 2024, a 30% increase over the pre-Covid-19 average despite a 16% decline compared to H1 2023, according to Savills.
Singapore private residential rents up - vacancy down - Savills
According to Savills Research, the private residential leasing market in Singapore saw a 3.1% year-on-year increase in volume, with a 1.7% quarterly rise in Q2 2024. Vacancy rates also improved, dropping to 6.1% in Q2.
Global edge data centre market to cross $300B by 2026 - JLL
According to JLL’s analysis, the global edge data centre market is projected to exceed $300 billion by 2026, driven by technological megatrends such as IoT and generative AI, said Jonathan Kinsey, EMEA Lead and Global Chair, Data Centre Solutions, JLL.
Investment volumes show year-on-year growth for the third consecutive quarter Q2 2024, signalling APAC commercial real estate investment turning the corner from 2023’s downturn according to Capital Tracker by global real estate firm JLL.
