Singapore office rent rises to 15-year high in 1Q24: JLL
According to research from JLL, Singapore’s office rent performance in 1Q24 resumed its upward climb after a brief slowing of leasing activity at the end of 2023. The gross effective rent for Central Business District (CBD) Grade A office space rose 1.3% quarter-on-quarter, the highest rent...
Asia Pacific corporates racing towards net zero portfolios by 2030 – JLL
A study by JLL reveals that nine out of ten commercial real estate occupiers in Asia Pacific are striving to achieve 100% green certified portfolios by 2030, propelled by corporate net zero carbon (NZC) goals.
APAC remains dominant source and destination for global capital: Colliers
Singapore, Hong Kong, China, and Japan among top 10 sources of cross-border capital in the second half of 2023, despite global investment volumes being below average.
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.
Office fit-out costs across Asia Pacific increase slightly, up 0.5% year-on-year: JLL
Tokyo overtakes Sydney as the most expensive city for office fit-outs as the cost to fit-out workplaces in Asia Pacific continues to rise, mirroring ongoing inflationary pressures, higher commodity prices and increased construction costs. According to global real estate consultant JLL’s (NYSE:...
Commercial real estate to remain attractive to investors in the long term: JLL
JLL research finds that substantial liquidity currently exists, with dry powder (available capital funds) for commercial real estate totalling US$402 billion as of October 2023. Given the quantum of unallocated funds, there will be a considerable first-mover advantage for investors who can...
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...
Is multifamily an answer to Asia Pacific’s housing challenges? JLL
As the Asian region continues to experience a surge in demand for rental housing, driven by factors including a growing and ageing population and stretched housing affordability, multifamily properties have proven to be a robust and attractive investment option says Robert Anderson, Director –...
Asia Pacific cold storage investment to mature despite recent headwinds - JLL
JLL forecasts cumulative cold storage investment to cross $2 billion by 2030 as demand for facilities rises and investors’ price in specialized and technological considerations, says Peter Guevarra, Director, Research Consultancy, Asia Pacific, JLL and Ben Horner, Senior Director, Supply Chain...