ESR’s Core Joint Venture in Japan Closes JPY 59 Billion (US$400 Million) Trust Asset-Backed Loan
ESR Group Limited, together with its subsidiaries, APAC’s largest real asset manager powered by the New Economy, announces that one of its core joint ventures, has completed the refinancing of a JPY 59 billion (US$400 million) Trust Asset-Backed Loan in Japan.
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,...
CBRE and Shinsaibashi-suji Shopping Street Promotion Association release “Shinsaibashi-suji Shopping Street Pedestrian Traffic Volume Analysis Report”
CBRE has collaborated with the Shinsaibashi-suji Shopping Street Promotion Association to complete a study of Shinsaibashi-suji Shopping Street’s pedestrian traffic volume.
ESR Completes the First Phase of its Largest Development Project in China
ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries, the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, has completed phase one of the Qingpu Yurun Logistics Park in Shanghai in September 2023, with a GFA of about 344,840.745...
JLL appointed as global real estate facilities manager by Rolls-Royce
JLL has been appointed by Rolls-Royce, the multinational power and propulsion business, to run global facilities management (FM) operations across the company’s real estate portfolio in China, Germany, India, Singapore, the United Kingdom and the United...
Jesselton Group Teams Up with Knight Frank for Elevated Excellence
Jesselton Properties Sdn Bhd announce the appointment of Knight Frank Property Management Sdn Bhd (KFPM), a leading property management company with extensive experience in managing residential and commercial properties, as the exclusive property manager for Jesselton Twin Towers, an iconic...
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.
