Thailand benefits from supply chain and manufacturing shifts- JLL
Thailand has emerged as a prime investment destination in the supply chain reformation from China with substantial investment across key industrial clusters over the next decade, said Michael Glancy, Country Head of JLL Thailand.
Central Hong Kong vacancy continues to go up in June - JLL
In June 2024, the vacancy rate for Grade A offices in Central rose to 12.1% and net effective rents dropped by 0.6%, said Alex Barnes, Managing Director and Head of Office Leasing Advisory at JLL in Hong Kong.
Sotheby's has opened a new 24,000 sq. ft Maison at LANDMARK CHATER in Central, Hong Kong, marking its first of ten luxury lifestyle destinations as part of Hongkong Land’s "Tomorrow’s CENTRAL" project, said Alvin Kong, Executive Director, Hongkong Land.
Optimistic outlook for the industrial sector in Singapore - Colliers
There will continue to be a surge in supply; from 2024 to 2026, there is an average annual supply of 1.1 mil sqm industrial space coming on stream, said Catherine He, Head of Research, Colliers Singapore.
APAC office sector recorded greatest movement in cap rates - Colliers
According to Colliers' Q2 2024 APAC Cap Rates, the office sector led the movement in cap rates across Asia Pacific. Sales transaction volumes remained low, said CK Lau, Colliers’ Managing Director of Valuation & Advisory Services.
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.
JLL offer en-bloc office building in Kwun Tong Hong Kong for sale by auction
JLL has been appointed to auction a 13-storey commercial building at 133 Wai Yip Street, Kwun Tong, Hong Kong for sale "as-is" and subject to existing tenancies said Joseph Tsang, Chairman at JLL in 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...
Mixed performance for Hong Kong’s commercial real estate Q2 2024 – Colliers
The Colliers Market Report for Q2 2024 highlights a mixed performance across Hong Kong's commercial real estate sectors amid macroeconomic uncertainties. While high-street retail rents edged up by 1.0% QoQ due to tourism recovery, Grade A office and warehouse rents declined by 1.0% and 0.4% QoQ...
Singapore’s investment market increased 64.1% in Q2 2024 - Colliers
According to Colliers, in Q2 2024, Singapore saw a significant investment surge to SGD 6.5 billion, up 64.1% from the previous quarter, driven by SGD 3.2 billion in government land tenders and strong contributions from the office, residential, and mixed-use sectors.
