Vacancy rate of overall Grade A office in Hong Kong rises to 13.5% in May- JLL
In May 2024, the overall vacancy rate for Grade A offices in Hong Kong increased to 13.5%, primarily due to the new completions and rents fell for the 25th consecutive month, with notable decreases in Central, Hong Kong East, Tsimshatsui, and Kowloon East, according to JLL's latest Hong Kong...
India commercial real estate debt market to expand by 40% in the next three years - JLL
The JLL-Propstack report projects a 40% growth in India's commercial real estate debt market over the next three years, presenting a $170 billion financing opportunity and the Lease Rental Discounting (LRD) opportunities valued at more than $100 billion are anticipated until 2026.
Strong growth of Bangkok’s shopping centres in the second half of 2023 – Knight Frank
According to Knight Frank Thailand Research, in the second half of 2023, Bangkok's shopping centres experienced strong growth driven by returning foreign tourists and strategic adaptations with projections for further expansion through large-scale developments and favourable new VAT laws.
Grand opening of the world-class designed "The Ring, Chengdu" by Hongkong Land
Hongkong Land launched "The Ring, Chengdu" The complex spans 220,000 sq.m. and features retail, dining, leisure, office spaces, a Hyatt hotel, and eco-friendly designs, achieving a nearly 90% retail pre-leasing rate.
ESR Group receives CSRC approval for public logistics REIT in China
ESR Group Limited has announced the approval of its ESR China REIT (C-REIT) by the China Securities Regulatory Commission (CSRC). The C-REIT, comprising high-quality logistics facilities in Kunshan, near Shanghai, with a total GFA of over 426,000 sqm and a high occupancy rate of over 90% will...
Raine & Horne marks 35 years since its international expansion with the establishment of Raine & Horne International Zaki + Partners Sdn. Bhd. in Malaysia said Angus Raine, Executive Chairman of Raine & Horne.
Fuminori Asaki, Masue Suzuki, and Andrew Dolan appointed to drive expansion of JLL’s Japan data centre - JLL
JLL has appointed Fuminori Asaki, Masue Suzuki, and Andrew Dolan, who are respected professionals in data centre advisory, to lead its Japan data centres services platform and address the growing needs of investor clients entering the Japanese market.
