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.
CBRE, the leading international property consultant, reported that partly as a result of changes in lifestyle due to the pandemic, convenience has become an increasingly crucial factor in daily lives.
ESR completes first phase of Japan’s largest multi-phase logistics park USD$2.5b
Upon completion of the four-phase logistics park in Greater Tokyo, the asset will represent the highest value logistics park in Japan with an estimated total completed value of US$2.5 billion. Ken Sakuramoto, Head of Equity Advisory, Capital Markets of JLL, said: “The completion of phase 1 of...
CBRE Reveals Surge in Demand for Branded Residences in Bangkok
CBRE, the leading international property consultant, reveals that despite Thailand’s rocky economy and the long- tail effects of COVID-19, the sales performance of branded residences has been robust.
ESR joins United Nations-supported Principles for Responsible Investment
David Atkin, CEO at the Principles for Responsible Investment, commented: “We’re pleased to welcome ESR as a signatory to the PRI." Jeffrey Perlman, Chairman of ESR, said: “We place ESG at the heart of our operations and culture."
Colliers’ commentary on the tender closing for Dunman Road and Pine Grove (Parcel A)
Both sites were launched for tender in Q1 2022 under the Confirmed List on the 1H 2022 government land sales (GLS) programme. The tenders closed on 2 June 2022 with just a handful of bids, albeit at robust prices says Colliers.
Thai Companies Warm Up to Hybrid Working and Explore The Right Office Space
In addition to resuming their search for the right office space, Thai employers are warming up to concept of hybrid working in line with the majority of Asia Pacific companies according to CBRE's latest survey.