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...
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.
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:...
Commercial real estate to remain attractive to investors in the long term: JLL
JLL research finds that substantial liquidity currently exists, with dry powder (available capital funds) for commercial real estate totalling US$402 billion as of October 2023. Given the quantum of unallocated funds, there will be a considerable first-mover advantage for investors who can...
Rising investment activity expected across APAC in 2024 - Investment activity is forecast to increase steadily across the Asia Pacific region in 2024 , according to Colliers’ (NASDAQ and TSX: CIGI) 2024 definitely looks more positive than 2023, with a lot of pent-up equity which is looking to...
CBRE launches Hong Kong Real Estate Market Outlook 2024
Hong Kong Commercial Real Estate Market: Gradual Rebound of Leasing and Investment on Market-Expected Easing Rates - CBRE launches Hong Kong Real Estate Market Outlook 2024
Asia Pacific cold storage investment to mature despite recent headwinds - JLL
JLL forecasts cumulative cold storage investment to cross $2 billion by 2030 as demand for facilities rises and investors’ price in specialized and technological considerations, says Peter Guevarra, Director, Research Consultancy, Asia Pacific, JLL and Ben Horner, Senior Director, Supply Chain...
Knight Frank Thailand release “Office Market Q3 2023" Report
Mr. Panya Jenkitvathanalert, Executive Director of Office Strategy and Solutions at Knight Frank Thailand, has noted that "The office market has seen a notable uptick in activity, energized by the completion of new buildings that offer businesses a wider array of choices. At the same time, the...
