Digital Edge raises over US$1.6 billion to fund continued platform expansion
Digital Edge (Singapore) Holdings Pte Ltd. (“Digital Edge”) announced it has raised over US$1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth.
Colliers completes largest Seoul CBD transaction in 2024
D-Tower Donuimun in Seoul sold by Colliers’ Capital Markets & Investment Services team for US$653 million, being the largest transaction (by volume) in the Seoul CBD for 2024 and the second largest Korea-wide this year.
Tokyo, Bangkok, and Seoul lead APAC retail innovation index – CBRE
According to CBRE’s Asia Pacific Retail Innovation Index, Tokyo, Bangkok, and Seoul as leaders in retail innovation, driven by vibrant local ecosystems, tourism, and cultural offerings, says Vivek Kaul, Head of Retail, Asia Pacific, CBRE.
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.
JLL advised IGIS Asset Management on the sale of the Hanam Data Centre South Korea, involving the sale to Macquarie Korea Infrastructure Fund, announced Keehoon Lee, Head of Capital Markets, JLL Korea.
Investment volumes show year-on-year growth for the third consecutive quarter Q2 2024, signalling APAC commercial real estate investment turning the corner from 2023’s downturn according to Capital Tracker by global real estate firm JLL.
APAC office sector recorded greatest movement in cap rates - Colliers
According to Colliers' Q2 2024 APAC Cap Rates, the office sector led the movement in cap rates across Asia Pacific. Sales transaction volumes remained low, said CK Lau, Colliers’ Managing Director of Valuation & Advisory Services.
Keehoon Lee appointed as the Head of Capital Markets for JLL Korea - JLL
JLL has appointed Keehoon Lee as the Head of Capital Markets for Korea. Lee will lead JLL's Korea Capital Markets platform from Seoul, working closely with Taeho Yi, Korea Country Head, to enhance JLL's strategies and services.
PLP Architecture London wins design competition for sustainable architecture in South Korea
PLP Architecture, based in London, has won a design competition to create South Korea’s first Net Zero National Meteorological Center in Daejeon in collaboration with PLP Labs, POSCO A&C, and A10.
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.
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.
