Asia Pacific commercial real estate investment increases by 13% in Q1 2024 – JLL
In the first quarter of 2024, Asia Pacific experienced a 13% increase in commercial real estate investment, totalling US$30.5 billion, the only region globally to see year-on-year growth.
Singapore office rent rises to 15-year high in 1Q24: JLL
According to research from JLL, Singapore’s office rent performance in 1Q24 resumed its upward climb after a brief slowing of leasing activity at the end of 2023. The gross effective rent for Central Business District (CBD) Grade A office space rose 1.3% quarter-on-quarter, the highest rent...
EDMUND TIE relaunch a light industrial building 543 Yishun Industrial Park A
EDMUND TIE, the exclusive Singaporean marketing agent, offer this unique five-storey light industrial Yishun for sale at a reduced price of S$15 million.
Colliers offer Block A1 of Sanshan CTIC Foshan China for sale
Block A1 of Sanshan CTIC is a 19-storey building with a gross floor area of approximately 17,226.46 sqm, within a prime headquarters location for private enterprises Foshan, Guangdong, with great rental and investment prospects in the Greater Bay Area, offer for sale by Colliers.
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.
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:...
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...
ESR Appoints Joanne McNamara as Non-executive Director
ESR Group Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, today announced the appointment of Ms. Joanne McNamara, Executive Vice President, Head of Europe, for Oxford Properties...