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 completes Korea’s largest commercial property deal of the year
Samsung SDS Tower sold for USD 630 million through Sungwook Cho of Colliers Korea. The landmark transaction also marks the largest single-asset office transaction in the Asia Pacific region this year.
CBRE has announced that the investment banking team from Sera Global ("Sera"), a leading global independent real assets advisor, has joined the company.
ESR KendallSquare REIT recaps logistics asset in S. Korea 81 billion KRW
ESR KendallSquare REIT (365550 KS) has achieved a significant milestone by successfully selling a logistics asset for 81 billion KRW (approximately US$62 million), this transaction has garnered an impressive total investment return of c.30% over a period of 2.5 years
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...
JLL advises Mirae Asset Global Investments on prime Seoul office transaction
JLL announced that it has advised Mirae Asset Global Investments on the sale of Alphadom Tower in the Pangyo Business District in Seoul. Acting as the sole sales advisor, JLL negotiated the transaction on behalf of Mirae Asset Global Investments to buyer...
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.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.