Asia real estate and outbound investment news
The COVID-19 pandemic has jump-started proptech use at real estate businesses, with 60 percent of survey respondents saying the crisis led them to increase or enhance tech system adoption.
That finding comes from a poll of property industry executives conducted… Read More>>
Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>
Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.
This year… Read More>>
In what it refers to as a “secular shift in capital markets”, Savills Investment Management (Savills IM) points to logistics, centrally located offices in key centres and multi-family assets as prime long-term investment assets in Asia Pacific for the coming… Read More>>
Hong Kong’s moribund commercial property market is getting a much needed lifeline. After widespread chatter about Chief Executive Carrie Lam and her council considering elimination of the seven-year-old supplementary stamp duty on commercial property, the city’s top leader made the… Read More>>
The long-running Singapore-Hong Kong rivalry may be over for many property investors in the region, with the Lion City trouncing its competitor to the north, according to a report released this week.
Southeast Asia’s wealthiest nation topped the list of… Read More>>
Asia Pacific commercial property transactions fell to $26 billion in the third quarter as they tumbled 38 percent year-on-year, with the industrial segment showing resilience and South Korea standing out among key markets for its robust activity during the period.
Real estate investment in Asia Pacific showed signs of recovery in the third quarter of 2020 as volume shot up 35 percent from the previous three months, supported by the return of institutional investors who had stayed on the sidelines… Read More>>
Hong Kong’s troubled Grade A office market saw rents fall again in September, albeit at a slower pace, as vacancies continued to climb in most districts.
Rents contracted further across all major office submarkets in the financial hub, according to… Read More>>
Hong Kong office rents dropped for a sixth consecutive quarter in the three months ending 30 September, falling by 4.7 percent from June with analysts predicting that the average cost of leasing desk space in the city will have dropped… Read More>>
