ESR Group partners with Kumamoto Prefecture in Kyushu to transform Yatsushiro City into a premier logistics hub
ESR Group Limited has signed a MOU to transform Yatsushiro City into a premier logistics hub in southern Kumamoto Prefecture, Japan, attracting investments to and supports Japan’s largest semiconductor hub on the Kyushu Island.
Southeast Asia & India emerging manufacturing centres - JLL
According to JLL, manufacturing is shifting from China to Southeast Asia and India due to rising costs and the need for supply chain diversification. Southeast Asia and India are benefiting from increased foreign direct investment (FDI) by China+1 strategy, with significant growth in countries...
Hong Kong's A Grade office market records positive net absorption in April - JLL
According to JLL, Hong Kong's Grade A office market experienced a positive net absorption of 248,000 sq ft, primarily due to owner-occupied space at 1 Stubbs Road in Wanchai and China Mobile Hong Kong leasing 47,400 sq ft in Kowloon Commerce Centre Tower A, lowering the overall vacancy rate to...
Asia Pacific is leading in office space utilisation with effective hybrid workplaces - JLL
According to JLL’s 2024 Global Occupancy Planning Benchmarking Report, hybrid work is integral to organisational strategies in the Asia Pacific, with 84% of organisations adopt hybrid models, the region also leads globally in office attendance, with 22% of employees averaging five days in the...
PLP Architecture London wins design competition for sustainable architecture in South Korea
PLP Architecture, based in London, has won a design competition to create South Korea’s first Net Zero National Meteorological Center in Daejeon in collaboration with PLP Labs, POSCO A&C, and A10.
Asia Pacific region pays higher rentals for better quality offices - Colliers
Colliers' Asia Pacific Office Markets report highlights that despite cost consciousness, occupiers are willing to pay higher rentals for top-quality offices and prime locations to attract talent, explains Mr Mike Davis, Colliers Managing Director of Occupier Services, Asia Pacific.
Hong Kong's grade A office market sees growth in March – JLL
Hong Kong’s overall Grade A office market recorded a positive net absorption of 137,000 sq ft in March, mainly driven by pre-commitments in new projects according to JLL.
Cushman & Wakefield Appointed by Standard Chartered Bank across Asia
Cushman & Wakefield has been chosen by Standard Chartered Bank to provide property services across Asia and manage its global real estate portfolio for the next five years.
HK residential leasing momentum ought to carry through 2024: Savills
According to Savills Hong Kong, strong demand for premium houses on the Peak contrasts with low interest in luxury rentals priced between HK$100,000 to HK$200,000. Diverse tenant profiles and budget constraints complicate the market, but local interest grows in mid-high-end rentals, maintaining...
