As tech giants look to meet surging demand for data processing and compete to advance development of AI tools, the global hyperscale market is forecast to grow at a compounded annual rate of 20 percent from 2021 to 2026. Catering… Read More>>
Asia Real Estate People in the News 2023-08-21
Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from around Asia Pacific, with a REIT of mainland logistics properties naming a new chairman and a local developer saying farewell… Read More>>
Asia Real Estate People in the News 2023-08-07
Infrastructure is in style and one of Canada’s largest pension funds leads this week’s collection of personnel moves from around Asia Pacific with its appointment of a new head of infrastructure overseeing its global operations. Also the making the list… Read More>>
Speaker Bio: Rachit Mohan of JLL MTD TV Productions
With nearly 20 years of experience in real estate leasing, investments, and data centers, Rachit leads the Data Center Leasing business for APAC and the Data Center Capital Markets business for India. He has built a reputation as a trusted… Read More>>
APAC Hotel Deal Volume Down 51% in First Half on Economic Woes, Costlier Financing
Hotel investment volume in Asia Pacific tumbled 51 percent year-on-year to $3.13 billion in the first half of 2023 as macroeconomic challenges and the rising cost of debt stubbed out dealmaking in the hospitality segment, according to JLL.
Japan bucked… Read More>>
Retail a Bright Spot as Economic Slowdown Grips Hong Kong Property in First Half
Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>
German Asset Manager Marketing Singapore Office Building for $350M
German asset manager Union Investment is set to test investor appetite for Singapore commercial real estate as agents begin marketing an office block near the Orchard Road shopping strip at an asking price of S$470 million ($350 million).
JLL and… Read More>>
Singapore Office Rents Flatten in Q2 as New Projects Enter the Market
Grade A office rent growth in Singapore’s central business district slowed for a third straight quarter and nearly ground to a halt in the April-to-June period of 2023, according to JLL.
Gross effective monthly rent for CBD Grade A office… Read More>>
Asia Real Estate People in the News 2023-07-03
Troubled mainland developers lead this week’s roundup of personnel moves from around Asia as four Hong Kong-listed builders see top officials depart. Also making the list is a new CFO at Hong Kong Shanghai Alliance and we have updates from… Read More>>
GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades
Hong Kong’s ageing industrial stock is creating opportunities for developers and fund managers ready to create modern warehouses, cold chain… Read More>>
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