Asia Pacific was the sole global region to see growth in commercial real estate investment in the first quarter of 2024, as deal volume rose 13 percent year-on-year to reach $30.5 billion, according to JLL.
The mature markets of North… Read More>>
Asia real estate and outbound investment news
Asia Pacific was the sole global region to see growth in commercial real estate investment in the first quarter of 2024, as deal volume rose 13 percent year-on-year to reach $30.5 billion, according to JLL.
The mature markets of North… Read More>>
A fresh update from the head of Shenzhen’s Kaisa Group leads this week’s collection of personnel moves from around the region with the once-detained, twice-defaulted entrepreneur being named to the board of Kaisa’s property management unit. Also making the list… Read More>>
Seoul’s office market continues to defy a global slowdown as rents for workspace in the Korean capital climbed by 2.4 percent quarter-on-quarter in the first three months of the year, according to JLL.
Office tenants paid an average monthly rent… Read More>>
After a brief slump in the second half of 2023, office rents in downtown Singapore jumped 1.3 percent on a quarterly basis in the first three months of 2024 to hit a 15-year high, according to JLL.
Gross effective rents… Read More>>
JLL on Tuesday announced the appointment of David Green-Morgan as senior advisor for Asia Pacific capital markets research, with the veteran analyst having left his prior post at MSCI Real Assets in March.
In the newly created role, Green-Morgan will… Read More>>
Office rents in Hong Kong’s prime Central district fell 2.4 percent in February from month-earlier levels as tenants citywide gave back more Grade A space than they took up, according to JLL.
The overall market recorded a negative net absorption… Read More>>
Mainland Chinese buyers account for 70 percent of primary market sales of Hong Kong luxury homes worth at least HK$30 million ($3.8 million) since the removal of cooling measures last month, up from less than 50 percent before the curbs… Read More>>
International students in Australia have surpassed their pre-COVID numbers, delivering a boost to purpose-built student housing and driving a reallocation of capital into the sector, according to JLL.
Last year saw the number of international students exceed the previous 2019… Read More>>
A new chairman for one of Singapore’s largest developers leads this week’s review of personnel moves in Asia’s real estate industry, as a dynasty moves into a new generation. Also in the news is a future CEO for an Indian… Read More>>
Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.