UOL Group Limited (UOL) and Singapore Land Group Limited (SingLand) have jointly submitted the top bid SG $428.3m for a prime Orchard Boulevard site.
Mr Liam Wee Sin (Group Chief Executive, UOL Group) announced “This is the first residential land parcel released in Orchard/Tanglin area since 2018. This Orchard Rd site is also a timely addition to our luxury collection in sought-after locations such as Nassim, Meyer and Watten. UOL and...
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.
Cushman & Wakefield Appoints Aubrey Waddell Chief Executive of Global Occupier Services
Our GOS business has been a top priority for many years now, as it is integral to our overall firm and client strategy – we have every confidence that Aubrey and the GOS leadership team will continue the growth of this critical service line,” said Andrew McDonald, Global President and COO.
Colliers Strategic Expansion and Key Appointments in Singapore for Enhanced Market Leadership
Henry Hsu will lead Colliers ESG Services, Lucy Mallick appointed as Colliers International Capital Lead, and Sebastian Ponniah to deliver integrated solutions across Colliers Capital Markets and Office Services, amidst major office expansion.
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:...
Knight Frank expands Capital Advisory presence across Asia-Pacific with key appointments in Australia and Singapore
Knight Frank announces the expansion of its capital advisory team in Asia-Pacific with the appointment of three senior personnel. Ben Schubert has been appointed as Head of Capital Advisory, Australia, in addition to his current role as Head of Institutional Sales, Simon Mathews relocates from...
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...
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.