Shenton House sold to Shenton 101 Pte Ltd for $538 million - JLL
Shenton House in a collective sale exercise to Shenton 101 Pte Ltd., a company owned by Mr. Lee Yeow Seng, CEO and major shareholder of IOI Properties Group Berhad, listed on the Bursa Malaysia Securities Berhad.
Asia Pacific cities facing an unprecedented shortage of sustainable office buildings: JLL
Major cities in Asia Pacific will be faced with a demand-supply gap for net zero-carbon-ready workplaces as corporate net-zero carbon (NZC) targets loom, according to new research from global real estate consulting firm JLL (NYSE: JLL).
Industrial property rents and prices post 12th consecutive q-o-q increase in 3Q23 - JLL
JTC’s statistics released showed the all-industrial rental and price indices headed north for the 12th consecutive quarter, gaining another 2.0% and 1.4% q-o-q, respectively, in 3Q23.
More pragmatic approach to ESG needed to help building owners, investors transition from brown to green: Cushman & Wakefield
Cushman & Wakefield has launched a series of how-to guides to provide building owners and occupiers with practical, step-by-step advice on transitioning to greener buildings by Matt Clifford, Head of Sustainability & ESG, Cushman & Wakefield Asia Pacific.
Singapore office rents fall in Q323 due to weaker demand: JLL
Singapore office rents posted its first quarterly decline in the third quarter of 2023, influenced by ongoing economic pressures. The decline ended nine consecutive quarters of growth in Singapore spurred by the return-to-office wave following the relaxation of COVID-19 workplace restrictions,...
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.
