Singapore office rents fall in Q323 due to weaker demand: JLL
Singapore office rents posted its first quarterly decline in the third quarter of 2023, influenced by ongoing economic pressures. The decline ended nine consecutive quarters of growth in Singapore spurred by the return-to-office wave following the relaxation of COVID-19 workplace restrictions,...
Data centres: Headroom for growth in Asia Pacific, but suitable land parcels becoming harder to find in mature markets
Data centres across Asia Pacific are growing in scale and new markets are being evaluated for expansion as operators anticipate increased demand from continued digitization and wider adoption of artificial intelligence.
Thai Visa Shakeup Could Shift $580 Million in Spending - Juwai IQI
Golden visas bring billions of dollars of benefits to the countries that offer them, and the proposed changes to two of the most popular residency programs could redirect more than a half billion dollars of investment and spending. Juwai IQI Co-Founder and Group CEO Kashif Ansari outlines the...
Asia-Pacific office vacancy rates reach a new peak in Q2 2023 - Knight Frank
Knight Frank has released its latest Asia-Pacific Prime Office Rental Index for Q2 2023 - a comprehensive analysis that tracks the rental performance of prime office properties across 23 key markets in the Asia-Pacific region.
JLL unveils first GPT model for commercial real estate
Developed by JLL Technologies (JLLT), the technology division of JLL, the bespoke generative artificial intelligence (AI) model will be used by JLL’s 103,000+ workforce around the world to provide CRE insights to clients in a whole new way.
Industrial property market records another stellar performance in 2Q23 - JLL
Robust demand saw Singapore’s industrial rents and prices climbed for the eleventh consecutive quarter. This was despite the third successive quarter of contraction in manufacturing output, which deepened from -5.3% y-o-y in 1Q23, to -7.5% y-o-y in 2Q23, ...
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.
