JLL advises Blackstone on Seoul office sold for USD $587.8 million
Arc Place sold to a domestic Korean investor Koramco REIT represents one of the largest Seoul office transactions since 2020 says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.
According to Knight Frank Thailand, occupied space decreased by 0.7%, leading to a 3.2 percentage point drop in the overall occupancy rate to 84.4% due to geopolitical tensions and rising freight rates.
Shortage for industrial spaces in Northern Metropolis - CBRE
According to CBRE, the relocation of Northern Metropolis brownfield sites will create significant demand for industrial leasing, with potential shortages of up to 15.5 million sq. ft. of industrial space projected from 2024 to 2029.
Asia-Pacific region tops luxury residential market performance in 2023: Knight Frank
Latest edition of The Wealth Report by Knight Frank reveals that despite interest rate hikes, 80% of global prime residential markets saw either flat or positive annual growth in 2023. Luxury prices rose by 3.1% on average, with the Asia-Pacific region leading at 3.8%.
HK residential leasing momentum ought to carry through 2024: Savills
According to Savills Hong Kong, strong demand for premium houses on the Peak contrasts with low interest in luxury rentals priced between HK$100,000 to HK$200,000. Diverse tenant profiles and budget constraints complicate the market, but local interest grows in mid-high-end rentals, maintaining...
JLL Names Pei Wang to Asia Pacific Equity Advisory team
To further meet the sophisticated requirements of clients, Martijn van Eldik, Head of Equity Advisory, Capital Markets, Asia Pacific, JLL, has announced the appointment of Pei Wang to the regional Equity Advisory team.
Colliers offer Block A1 of Sanshan CTIC Foshan China for sale
Block A1 of Sanshan CTIC is a 19-storey building with a gross floor area of approximately 17,226.46 sqm, within a prime headquarters location for private enterprises Foshan, Guangdong, with great rental and investment prospects in the Greater Bay Area, offer for sale by Colliers.
JLL names Tim Graham Global Lead - International and Strategic Capital
JLL (NYSE: JLL) today announced that Tim Graham will assume the role of Global Lead - International and Strategic Capital for its Capital Markets business. Tim will remain based in Singapore.
CBRE Idea Lab: Innovation has a new address - CBRE
James Harvey, Co-Head of CBRE Idea Lab, said the new space is, "where innovation, technology, and creativity converge to transform the future of our industry.
