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.
CBRE Korea volunteers deliver ‘briquettes of love’ and donations to underprivileged in Gaemi Village
CBRE Korea held an in-house fundraising event that raised 6 million won. The company is planning to deliver warmth to families in Gaemi Village who are experiencing hardships by donating the funds to the Babsang Community Foundation and Briquette Bank.
JLL advises on sale of Seoul’s Jongno Tower sold to SK REITs $431.7m
JLL acted as joint exclusive sale advisors with Avison Young Korea as Jognno Tower Seoul sold by KB Asset Management for KRW621.5 billion ($431.7 million) to SK REITs. Chaehun Chang, Managing Director of JLL Korea said, "This is a testament to the unwavering demand for investment in landmark...
ESR and LOGOS achieve anchor close for its new co-branded Pan Asia Core+ Venture with US$250 million of equity commitments
With the acquisition of ARA and LOGOS in January of 2022, the Pan-APAC Core+ product represents the second co-branded venture for the enlarged Group, following the ESR LOGOS REIT. PACV will invest in prime logistics assets across Asia Pacific with an initial focus on the developed markets of...
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...
CBRE releases 2021 Seoul Office Tenant Profile and Outlook report to identifying demand drivers
According to the report, leasing activity volume recovered significantly starting in the second half of 2020, backed by aggressive expansion activities by companies, and Seoul’s Grade A office market recorded the highest net absorption of 555,000 sq. m. in 2021 despite the ongoing pandemic.
Asia Pacific real estate investment surges 20% in Q1 2022: JLL Research
We are still seeing intense competition for assets and maintain our projection of over $200 billion in direct investment into Asia Pacific for 2022,” says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.
CBRE Topped Korea Commercial Real Estate Investment Sales Activity in 2021
“CBRE’s remarkable achievement in Korea underscores the incredible effort from our outstanding professionals and our client-focused approach to delivering exceptional outcomes, said Sean Choi, Head of Capital Markets, Korea.
CBRE Korea hosts webinar on notable up and coming office markets ‘Pangyo, Magok, Seongsu’
CBRE Korea hosted a webinar covering the high potential and positive prospects of the Pangyo, Magok and Seongsu business districts. Claire Choi, Head of Research at CBRE Korea, Sean Choi, Head of Capital Markets at CBRE Korea, and Andy Park, Head of Advisory and Transactions (A&T) Services...
JLL Hotels & Hospitality Group launches dedicated South Korea business
JLL Hotels & Hospitality Group today announced the launch of its dedicated South Korea advisory and investment services office in Seoul. By establishing an on-the-ground presence, JLL becomes the first international advisor to offer a dedicated hospitality real estate practice in South Korea...
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.