APAC’s commercial real estate investment soars in Q3 2024 – JLL
According to JLL, Asia Pacific’s commercial real estate investment surged 82% year-on-year to $38.8 billion in Q3 2024, marking the strongest quarter since 2022, says Stuart Crow, CEO, Asia Pacific Capital Markets, JLL.
Office sector drives cap rate shifts across Asia Pacific – Colliers
According to Colliers’ Q3 2024 Cap Rates Report, the office sector is driving cap rate movements across Asia-Pacific, with notable changes in markets like Australia, Hong Kong, and India, says CK Lau, Colliers’ Managing Director of Valuation and Advisory Services in Asia.
Hong Kong residential prices decline but rents rise steadily - CBRE
Hong Kong’s September 2024 residential prices fell by 1.7% month-over-month and 12.5% year-over-year, marking five consecutive months of decline, says Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong.
Hong Kong’s Grade A office market records negative take-up - JLL
In September 2024, Hong Kong’s Grade A office market saw a negative net absorption of 57,500 sq ft due to a lack of major leases, with the vacancy rate remaining at 13.4%, says Cathie Chung, Senior Director of Research, JLL Hong Kong.
The Phnom Penh Market Insights Q3 2024 Report reveals a mixed outlook for Phnom Penh's real estate market, with signs of stabilisation amid a broader slowdown, says Kinkesa Kim, Managing Director of CBRE Cambodia.
Supply chain shifts to drive more manufacturing to Southeast Asia - JLL
Diversification of supply chains to create opportunities but will require companies to be flexible on factors including site selection says JLL (NYSE: ...
2024 Hong Kong Policy Address presents initiatives for real estate demand – CBRE
The 2024 Hong Kong Policy Address outlines a comprehensive strategy aimed at enhancing the city's long-term competitiveness through various initiatives, says Marcos Chan, Head of Research, CBRE Hong Kong.
Transit-oriented developments on the rise in Asia Pacific – Colliers
Transit-oriented developments (TODs) are becoming key to urban renewal and sustainability in the Asia Pacific, says Govinda Singh, Colliers’ Executive Director of Hotels, Leisure & Real Estate Advisory in Asia.
Singapore real estate investment forecasted to hit S$23 billion in 2024 – Savills
Singapore's real estate investment sales rose 32.6% year-on-year for the first three quarters of 2024, driven by large private deals and a 51.7% quarterly surge in commercial real estate, says Alan Cheong, Executive Director, Research & Consultancy, Savills Singapore.
Asia-Pacific cross-border investment set to soar 50% by year end – Knight Frank
Cross-border real estate investments in the Asia-Pacific region have surged, reaching $36.3 billion in Q3 2024, with projections to grow by 50% year-on-year by the end of 2024, says Neil Brookes, global head of capital markets, Knight Frank.
