Asia Pacific home to half of the world’s top 10 most innovative cities: JLL
According to JLL, Beijing, Tokyo, Seoul, Singapore, and Shanghai are among the world’s top 10 cities for innovation and talent, attracting significant investment, particularly in generative AI. Investment in alternative sectors like electric mobility and green buildings is rising to address...
Asia-Pacific region tops luxury residential market performance in 2023: Knight Frank
Latest edition of The Wealth Report by Knight Frank reveals that despite interest rate hikes, 80% of global prime residential markets saw either flat or positive annual growth in 2023. Luxury prices rose by 3.1% on average, with the Asia-Pacific region leading at 3.8%.
Asia Pacific commercial real estate investment volumes rose 3% in Q4 2023: JLL
Investments in the fourth quarter totalled US$31.6 billion, representing a modest year-on-year uptick in investment volumes, breaking a seven-quarter slump, JLL’s Q4 2023 Capital Tracker.
Rising investment activity expected across APAC in 2024 - Investment activity is forecast to increase steadily across the Asia Pacific region in 2024 , according to Colliers’ (NASDAQ and TSX: CIGI) 2024 definitely looks more positive than 2023, with a lot of pent-up equity which is looking to...
Colliers Korea achieves success in May with closure of three major transactions worth USD780 million
Leading diversified professional services and investment management company Colliers announces a highly successful month in May, marked by the completion of three significant deals with a combined value of USD780 million (KRW1 trillion), marking the only major transactions closed in the Seoul...
While rents in Seoul’s major retail districts have drifted sideways in 2022, future rental growth will be determined in part by the attractiveness of the physical store in providing customer experiences.” Says 2023 Korea Retail Market Outlook Report by Savills, Simon Smith Savills Regional Head...
Asia Pacific Real Estate Investors Target Opportunistic Strategies in 2023: CBRE Survey
Melbourne has joined Sydney as a top 10 Asia Pacific destination for international real estate capital, according to CBRE’s 2023 Asia Pacific Investor Intentions Survey.
Companies are paying more to rent space in Asia’s green buildings: JLL study
Analysis concludes that green certified buildings across 11 major Asian cities command a premium of up to 28%, according to new research from the real estate consultant.
Investors increasingly keen to hold quality assets as a hedge against macro uncertainty, with premium office space especially coveted across the region says Colliers Asia Pacific Market Snapshot, comments from John Howald, Executive Director and Head of International Capital, Capital Markets...