South Korea’s First Hilton Garden Inn Opens in Seoul
Hilton (NYSE: HLT) announced the opening of Hilton Garden Inn Seoul Gangnam, marking the first Hilton Garden Inn in South Korea. Situated in the center of...
ESR Kendall Square REIT adds US$94.2 million Yongin BRIC logistics asset to portfolio
ESR Kendall Square REIT (the “REIT”; 365550 KS) has successfully completed another acquisition of a recently completed mixed-use logistics facility for US$94.2 million (or KRW 103 billion). This acquisition comes on the heels of last week’s successful drop down of the 11th asset “Anseong LP”....
ESR Kendall Square REIT adds US$145 million logistic asset to portfolio Korea
Korea’s #1 industrial real estate investment trust, ESR Kendall Square REIT (365550 KS), has completed the acquisition of a modern logistics facility in greater Seoul suburban market for US$145 million (or KRW 160 billion).
Asia-Pacific prime residential prices continue to rise amid the COVID-19 pandemic, not despite it
Knight Frank’s forthcoming edition of The Wealth Report reveals the result of its Prime International Residential Index (PIRI 100). The index tracks the movement of luxury residential prices in 100 cities and second home markets globally for the 12-months ending December 2020, with four Asia-...
Wyndham Hotels & Resorts Continues Strong Growth in Asia Pacific with Accelerated Expansion Planned in 2021
With 180 hotel openings expected in 2021 alongside its robust Asia Pacific development pipeline, Wyndham Hotels & Resorts is helping to drive the hospitality industry forward into recovery.
CBRE Ranks #1 in Asia Pacific for Commercial Real Estate Investment Sales in 2020
CBRE is the top-ranked firm for commercial real estate investment sales globally for the tenth consecutive year, according to Real Capital Analytics (RCA).
Asia Pacific commercial sales dip as cross-border capital retreats - report
New data from Real Capital Analytics has shown the sales of commercial property in the Asia Pacific region fell by 38 per cent in the third quarter of the year as the global health crisis put a dampener on cross-border dealmaking.
Asia Pacific real estate investment rebounds 35 per cent in third quarter - JLL
Asia Pacific real estate investment showed signs of recovery in the third quarter of 2020 with US$35 billion in direct transactions committed between July and September 2020, according to JLL.
Singapore and Australia to provide top Asia Pacific cross border capital flow in 2021 - Knight Frank
Knight Frank’s Active Capital 2020 finds that cross-border investment into safe haven locations and ‘near-neighbours’ are set to dominate global capital flows in 2021, as COVID-19 shifts trends in real estate investment and global mobility.
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.
