According to Savills Research, Q2 2024 retail vacancy rate decreased marginally to 6.6% with Orchard Area rents rose slightly by 0.6% to S$23.00 psf, while Suburban Area rents stayed unchanged at S$14.70 psf.
Global industrial and logistics’s transactions rebounding higher post-Covid - Savills
Global industrial and logistics transactional activity is rebounding post-Covid-19, with $41.5 billion raised globally in H1 2024, a 30% increase over the pre-Covid-19 average despite a 16% decline compared to H1 2023, according to Savills.
Henry Chin and Ada Choi appointed for senior leadership in research - CBRE
CBRE has announced key senior appointments to enhance its global and Asia Pacific research teams. Henry Chin has been named Chief Operating Officer of Global Research, overseeing CBRE's global research operations. Ada Choi will assume the role of Head of Research for Asia Pacific, reporting to...
JLL advised IGIS Asset Management on the sale of the Hanam Data Centre South Korea, involving the sale to Macquarie Korea Infrastructure Fund, announced Keehoon Lee, Head of Capital Markets, JLL Korea.
Milan based ACPV Architects announce construction of Capella Kenting resort Taiwan
ACPV Architects, led by Antonio Citterio and Patricia Viel, marked the groundbreaking of the Capella Kenting resort Taiwan, commissioned by Riant Capital and Capella Hotels, integrates over sixty villas within Kenting's natural landscape, blending architecture with ocean views.
Singapore private residential rents up - vacancy down - Savills
According to Savills Research, the private residential leasing market in Singapore saw a 3.1% year-on-year increase in volume, with a 1.7% quarterly rise in Q2 2024. Vacancy rates also improved, dropping to 6.1% in Q2.
Global edge data centre market to cross $300B by 2026 - JLL
According to JLL’s analysis, the global edge data centre market is projected to exceed $300 billion by 2026, driven by technological megatrends such as IoT and generative AI, said Jonathan Kinsey, EMEA Lead and Global Chair, Data Centre Solutions, JLL.
Strata industrial sales in Singapore surged by 42.9% QoQ in Q2 2024 - Savills
According to Savills Research, strata industrial sales activity highest level in almost two years driven by bulk sales of multiple-user factory and warehouse spaces. The occupancy rates for older business parks remain under pressure, says Alan Cheong, Executive Director, Research &...
Colliers and Savills offer CUBUS, an en-bloc Ginza-styled commercial building Causeway Bay for sale
Colliers and Savills appointed as joint sole agents offer CUBUS for sale, a 25 storey Ginza-styled commercial building Causeway Bay for sale by Thomas Chak of Colliers Hong Kong and Raymond Wan of Savills.
Savills Hong Kong offer 64.5% Shares of 206 – 208 Prince Edward Road West for sale
Savills as sole agent offer 64.5% shares of 206 – 208 Prince Edward Road West for sale as-is with existing tenancies, through Savills agents Raymond Wan and Billy Chan.
