JLL advises on sale of Seoul’s Jongno Tower sold to SK REITs $431.7m
JLL acted as joint exclusive sale advisors with Avison Young Korea as Jognno Tower Seoul sold by KB Asset Management for KRW621.5 billion ($431.7 million) to SK REITs. Chaehun Chang, Managing Director of JLL Korea said, "This is a testament to the unwavering demand for investment in landmark...
JLL acts as exclusive advisor for sale of Extra Space Asia, an Asia-focused self-storage platform
ESA owns operates approximately 70 properties across key Asian markets of Singapore, Malaysia, Taiwan, Japan, Hong Kong and South Korea, with a combined lettable area of in excess of 1 million square feet.
ESR and LOGOS achieve anchor close for its new co-branded Pan Asia Core+ Venture with US$250 million of equity commitments
With the acquisition of ARA and LOGOS in January of 2022, the Pan-APAC Core+ product represents the second co-branded venture for the enlarged Group, following the ESR LOGOS REIT. PACV will invest in prime logistics assets across Asia Pacific with an initial focus on the developed markets of...
ESR partners with SK Plug Hyverse and Coupang Fulfilment Services to develop and operate S.Korea’s first hydrogen powered fulfilment centre
ESR Group Limited announced that, through its subsidiary Kendall Square Asset Management, it has signed a memorandum of understanding with SK Plug Hyverse and Coupang Fulfilment Services for the development and operations of South Korea’s first eco-friendly hydrogen powered fulfilment centre....
Asia Pacific real estate investment declines by 17% in 1H 2022 - JLL
JLL estimates US$70.9 billion in regional transaction volumes in the first half with year-on-year declines influenced by slowing China, Japan, and Australia deal activity.
Investors increasingly keen to hold quality assets as a hedge against macro uncertainty, with premium office space especially coveted across the region says Colliers Asia Pacific Market Snapshot, comments from John Howald, Executive Director and Head of International Capital, Capital Markets...
CBRE releases 2021 Seoul Office Tenant Profile and Outlook report to identifying demand drivers
According to the report, leasing activity volume recovered significantly starting in the second half of 2020, backed by aggressive expansion activities by companies, and Seoul’s Grade A office market recorded the highest net absorption of 555,000 sq. m. in 2021 despite the ongoing pandemic.
Asia Pacific real estate investment surges 20% in Q1 2022: JLL Research
We are still seeing intense competition for assets and maintain our projection of over $200 billion in direct investment into Asia Pacific for 2022,” says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.
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.
