Asia-Pacific prime office rents decline 3.2% in Q1 2024: Knight Frank
According to Knight Frank’s Asia-Pacific Prime Office Rental Index, the prime office rental market experienced its seventh consecutive quarterly decline in Q1 2024, with Chinese Mainland cities particularly affected.
Central Seoul building sold USD$242 million by Colliers and Savills
Allerman has acquired a 19-story building in central Seoul for USD$242 million from Hanwha Asset Management with the assistance of Colliers and Savills Korea.
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...
JLL advises Blackstone on Seoul office sold for USD $587.8 million
Arc Place sold to a domestic Korean investor Koramco REIT represents one of the largest Seoul office transactions since 2020 says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.
Asia-Pacific region tops luxury residential market performance in 2023: Knight Frank
Latest edition of The Wealth Report by Knight Frank reveals that despite interest rate hikes, 80% of global prime residential markets saw either flat or positive annual growth in 2023. Luxury prices rose by 3.1% on average, with the Asia-Pacific region leading at 3.8%.
Asia Pacific commercial real estate investment volumes rose 3% in Q4 2023: JLL
Investments in the fourth quarter totalled US$31.6 billion, representing a modest year-on-year uptick in investment volumes, breaking a seven-quarter slump, JLL’s Q4 2023 Capital Tracker.
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...
Colliers completes Korea’s largest commercial property deal of the year
Samsung SDS Tower sold for USD 630 million through Sungwook Cho of Colliers Korea. The landmark transaction also marks the largest single-asset office transaction in the Asia Pacific region this year.
CBRE has announced that the investment banking team from Sera Global ("Sera"), a leading global independent real assets advisor, has joined the company.
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.
