Singapore declared the retail hub for Southeast Asia
In JLL’s newly released ‘Welcome to Retail in Asia Pacific’ report, James Assersohn, Director of Retail for JLL found the Singapore retail market is flourishing due to local and overseas customers.
Japan’s Prince Hotels launches Policy and Leisure Inn Plus hotel brands
Japanese Seibu Holdings subsidiary Prince Hotels is launching two new brands, Policy Hotels and Leisure Inn Plus Hotels in addition to their existing brands of hotels in Australia after last weeks settlement of Australian-based operator Staywell Hospitality Group for $55 million.
ASEAN infrastructure investment set to increase region’s growth
CBRE reports infrastructure investment will lead to the growth of new urban areas, contribute to trade flows and the logistics and tourism markets, and impact real estate affordability.
Manila to see strongest prime office rental growth in Asia Pacific
Rick Santos from Santos Knight Frank forecasts office rent in Manila to increase nearly 20% over the next three years as the Philippine capital grows in importance in the global economy.