Thailand’s electric vehicle industry to power commercial real estate - JLL
The potential for sustained growth in Thailand’s EV industry, will create at addressable real estate market of least $6.5 billion (THB220 billion) by 2030, says JLL Michael Glancy, Managing Director, Thailand and Indonesia.
APAC leads global cross-border capital flows in H1 2024 - Colliers
According to Colliers' Global Capital Flows report, the APAC region led global cross-border capital flows in the first half of 2024, says Chris Pilgrim, Colliers’ Managing Director of Global Capital Markets, Asia Pacific.
APAC business leaders eye increased CRE investment by 2030 - JLL
According to JLL's Future of Work Survey, business leaders in APAC are optimistic about corporate real estate (CRE) investment, with 70% expecting increased budgets by 2030, focused on expansion, talent retention, and efficiency supporting by technology and AI.
Modest growth amid rising demand for sustainable spaces for Bangkok office market Q2 2024 – Knight Frank
In Q2 2024, Bangkok's office market saw moderate growth with increased supply, occupied space, and rental rates, though the overall occupancy rate remained flat at 77%, says Panya Jenkitvathanalert, Executive Director and Head of Office Strategy and Solutions, Knight Frank Thailand.
Highly transparent real estate markets make strong progress outpacing peers - JLL
Transparency improved globally in 2024, with Asia rising as a standout as markets make progress based on investments in technology integration and AI, data availability and sustainability. Comments by Richard Bloxam, CEO, Capital Markets, JLL.
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.
The Philippine real estate sector’s commercial and residential markets registered significant growth in the first half of 2024, with the office sector taking the spotlight after office demand exceeded the net absorption recorded in the entire 2023, according to global real estate services...
New valuation law to boost Philippine real estate competitiveness, transparency – Santos Knight Frank
The new Real Property Valuation and Assessment Reform Act (PRVARA) is expected to raise the competitiveness and encourage greater transparency in the Philippines’ property sector, boosting the country’s appeal to global investors, says Santos Knight Frank.
Hong Kong’s data centre market continues to attract occupiers - CBRE
According to CBRE’s report, Hong Kong's the demand for data centres surged during the pandemic due to the shift towards using more cloud-based systems, said Samuel Lai, Executive Director, Head of Advisory & Transaction Services – Industrial & Logistics, CBRE Hong Kong.
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...