In a bid to position Tokyo as a global destination for both residents and businesses alike, Japan’s latest urban revitalization project, Azabudai Hills, emerges as a transformative composite redevelopment endeavor. With an investment exceeding US$4 billion, this ambitious venture underscores…
JLL (NYSE: JLL) has unveiled a strategic realignment of its Logistics and Industrial platform across Asia Pacific, signaling a proactive response to the evolving market dynamics and heightened client expectations within this vibrant sector of commercial real estate. This initiative…
As corporate real estate leaders navigate a challenging business landscape, the Asia-Pacific offshoring market emerges as a beacon of opportunity, poised to burgeon to USD 185.1 billion by 2032. This exponential growth trajectory is anticipated to spur an additional demand…
In our latest real estate news roundup, PropertyGuru delves into Jaipur’s housing trends, offering insights into burgeoning property opportunities. Alongside this exploration, we highlight significant developments in overseas construction projects and urban renewal initiatives. Unlocking Opportunities in Jaipur: A Closer…
PAG, alongside CITIC Capital, Ares Management, Abu Dhabi Investment Authority (ADIA), and Mubadala Investment Company, confirmed their joint acquisition of Dalian Wanda Group’s primary shopping mall management business on Saturday. The consortium signed an agreement to invest $8.3 billion, acquiring…
Blackstone, the global investment firm, has recently finalized the sale of Arc Place, a prime office property in Seoul, to Koramco, a local fund manager. This transaction marks the largest real estate deal in Korea this year, adding a significant…
The retail property market in Hong Kong continues to grapple with challenges, even as leasing rates display resilience, as outlined in a recent report by S&P Global Ratings. While leasing rates have shown strength, concerns persist regarding the sustainability of…
In a testament to Malaysia’s growing prominence as a regional data centre hub, industry experts anticipate the country’s data centre sector to surge to 500MW by 2025, according to a report by JLL. This significant milestone underscores Malaysia’s strategic positioning…
In an era of dynamic urban development and economic expansion, Singapore’s retail sector is poised for significant growth, with over 3.4 million square feet of new retail space projected to materialize by 2027. This robust pipeline of retail developments, estimated…
In 2023, the Korean logistics sector witnessed a significant transaction volume, with total transactions reaching KRW 5.6 trillion (approximately USD 6.4 billion), a figure on par with the previous year, as reported by Savills. However, when analyzing only hard asset…