Hong Kong’s Grade A office market in July saw tenants give back 224,600 square feet (20,866 square metres) more than they took up, though rising momentum from travel and leisure occupiers offered a bright spot amid the gloom, according to… Read More>>
New project launches by Hong Kong developers achieved their lowest initial sales rate in five years during the first half of 2023, with only 55 percent of the 7,600 homes completed during the period having found buyers on their first… Read More>>
With an IT industry ranked as the world’s third largest at JPY 51 trillion ($370 billion), Japan is looking to double its battery of server racks from around 138,000 in 2023 to 272,000 in 2027, according to Fuji Chimera Research… Read More>>
As tech giants look to meet surging demand for data processing and compete to advance development of AI tools, the global hyperscale market is forecast to grow at a compounded annual rate of 20 percent from 2021 to 2026. Catering… Read More>>
Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from around Asia Pacific, with a REIT of mainland logistics properties naming a new chairman and a local developer saying farewell… Read More>>
Infrastructure is in style and one of Canada’s largest pension funds leads this week’s collection of personnel moves from around Asia Pacific with its appointment of a new head of infrastructure overseeing its global operations. Also the making the list… Read More>>
With nearly 20 years of experience in real estate leasing, investments, and data centers, Rachit leads the Data Center Leasing business for APAC and the Data Center Capital Markets business for India. He has built a reputation as a trusted… Read More>>
Hotel investment volume in Asia Pacific tumbled 51 percent year-on-year to $3.13 billion in the first half of 2023 as macroeconomic challenges and the rising cost of debt stubbed out dealmaking in the hospitality segment, according to JLL.
Japan bucked… Read More>>
Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>
German asset manager Union Investment is set to test investor appetite for Singapore commercial real estate as agents begin marketing an office block near the Orchard Road shopping strip at an asking price of S$470 million ($350 million).
JLL and… Read More>>