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.
Investment volumes show year-on-year growth for the third consecutive quarter Q2 2024, signalling APAC commercial real estate investment turning the corner from 2023’s downturn according to Capital Tracker by global real estate firm 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.
Cross-border investments in Asia-Pacific are projected to rise in H2 2024 - Knight Frank
Knight Frank forecasts for the second half of 2024 predict a 33% rise in Asia-Pacific cross-border real estate investments, driven by anticipated Federal Reserve rate cuts, as detailed in the Horizon Report III – Look Beyond the Norm.
CBRE Tokyo office receives WELL Certified Platinum
Newly-renovated CBRE Tokyo office has earned the prestigious WELL Certification at the Platinum level from the International WELL Building Institute (IWBI).
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.
