Asia Pacific embraces hybrid work and flexible workplace - CBRE
CBRE’s 2024 APAC Office Occupier Survey reveals that over 60% of companies in Asia Pacific have achieved stable office attendance, reflecting widespread acceptance of hybrid work models, says Luke Moffat, Head of Advisory & Transaction Services, CBRE 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...
APAC dominates global land and development site investments - Colliers
In the first quarter of 2024, the Asia Pacific region dominated global investments in land and development sites, with China, Singapore, Australia, and India ranking among the top five destinations for cross-border capital, according to Colliers' Q1 2024 Global Capital Flows research. China and...
Southeast Asia & India emerging manufacturing centres - JLL
According to JLL, manufacturing is shifting from China to Southeast Asia and India due to rising costs and the need for supply chain diversification. Southeast Asia and India are benefiting from increased foreign direct investment (FDI) by China+1 strategy, with significant growth in countries...
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 region pays higher rentals for better quality offices - Colliers
Colliers' Asia Pacific Office Markets report highlights that despite cost consciousness, occupiers are willing to pay higher rentals for top-quality offices and prime locations to attract talent, explains Mr Mike Davis, Colliers Managing Director of Occupier Services, Asia Pacific.
New York City-based Urbahn Architects Establishes Urbahn International in Jakarta, Indonesia to Serve Clients Globally
Urbahn Architects, a prominent, full-service planning and design firm based in New York City, has launched Urbahn International, a new affiliate to focus on public, commercial, hospitality, multi-family, healthcare, educational and institutional work globally. Urbahn International will operate...
Bali Tourism Statistics 2023: A Quick Recovery and Stellar Awards
Destinations by LeadingRE developer Mirah Investment & Development highlights the success of Bali’s tourism industry, which makes the area prime for real estate investment.
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.