APAC data centre market soars in H1 2024 - Cushman & Wakefield
Cushman & Wakefield's H1 2024 Asia Pacific Data Centre Market Update highlights significant growth in the region, with 1.3GW of new capacity added, reaching 11.6GW total, says Vivek Dahiya, Head of Cushman & Wakefield’s Data Centre Advisory Team, Asia Pacific.
APAC prime office rents decline in Q2 2024, but signs of stabilisation emerge – Knight Frank
In Q2 2024, Asia-Pacific prime office rents declined by 3.1% year-on-year, showing slight improvement from the previous quarter's 3.2% drop, according to Knight Frank. Despite the continued downward trend over eight quarters, signs of market stabilisation have emerged, said Tim Armstrong, Global...
ESR Group receives CSRC approval for public logistics REIT in China
ESR Group Limited has announced the approval of its ESR China REIT (C-REIT) by the China Securities Regulatory Commission (CSRC). The C-REIT, comprising high-quality logistics facilities in Kunshan, near Shanghai, with a total GFA of over 426,000 sqm and a high occupancy rate of over 90% will...
Asian commercial real estate markets remain stable – Colliers
According to Colliers’ Q1 2024 APAC Cap Rates Report across 19 markets, oversupply and rental pressure were key factors driving cap rate movements for office, retail, and industrial sectors.
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...
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...
CSRC and SSE receive APAC’s largest real asset manager ESR Group’s application of its public warehousing logistics REIT 中航易商仓储物流基础设施 REIT in China
In China, ESR Group manages over 190 assets valued at US$30.8 billion. ESR Group is APAC’s largest real asset manager with approximately US$150 billion of AUM and APAC’s largest sponsor and manager of REITs with a total AUM of approximately US$45 billion.
Strong Investor and Occupier Demand Drives Growth of Life Sciences Asia Pacific Hubs - CBRE
Life sciences real estate reaches 100 million sq. ft. with major hubs like Shanghai, Beijing, Tokyo, Singapore, and Melbourne; US$18 billion of funds has been raised to invest in life sciences real estate.
ESR recaps 873,000 sqm/RMB4.9 billion (US$730 million) balance sheet portfolio in China
The transaction represents ESR’s largest-ever sell-down of a self-developed balance sheet portfolio with the plan to recycle the capital back into new and increasingly attractive opportunities across APAC.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.
