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Real Estate News

Hong Kong's Extension of Property Stamp Duty Rebate Not Performing Well

Hong Kong's Extension of Property Stamp Duty Rebate Not Performing Well

Global property consultant JLL is reporting this month the extended stamp duty rebate window has failed to help home upgraders in Hong Kong. Read More »


Hong Kong Office Rents Grow at Fastest Pace in 2 Years

Hong Kong Office Rents Grow at Fastest Pace in 2 Years

According to JLL's latest Property Market Monitor, rents in Hong Kong's office markets grew at their fastest pace in more than two years amid a tight vacancy environment and an active leasing market. Read More »

E-Commerce is Changing Hong Kong's Retail Landscape, Consumer Patterns

E-Commerce is Changing Hong Kong's Retail Landscape, Consumer Patterns

The rise of e-commerce is expected to post significant growth and disrupt the local retail market in next few years. Read More »

New York City's 270 Park Avenue to Become Tallest Building Ever Demolished

New York City's 270 Park Avenue to Become Tallest Building Ever Demolished

270 Park Avenue in New York City will become the tallest building ever conventionally demolished, as well as the first building over 200 meters in height to be peacefully razed. Read More »


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Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated June 25, 2018 9:00 AM ET

China Property News

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of "green" building certification programs.

According to JLL's latest Property Market Monitor report, strong leasing momentum driven by tenant decentralization and sustained expansionary requirements from PRC occupiers has pushed rents up in the office market as a whole.

Increased interest in self-storage facilities, data centers, student accommodation, education and aged care as investors chase yield

China has reclaimed top spot for the most attractive market for manufacturing, confirming its status as the sector's powerhouse.

Asia Pacific's commercial real estate market will be increasingly defined by changing business conditions, the growing influence of technological innovation.

According to a new report by JLL titled "Bridging the Housing Gap", millennials in Asia are now sharing more than work spaces and transport. They have turned to living together in a new form of shared housing where residents have common interests and lifestyles.

Hong Kong's housing market continued to reach new heights in December, capping off a year that saw capital values advance at their fastest pace in five years. Capital values of mass residential properties increased by 1.3% m-o-m in December to lift full-year growth to 15.8 percent.

According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% higher than in October 2017.

According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 155,600 sq. ft. in October 2017, helping edge rents 0.3%.

2017 is shaping up to be a year like no other. But commercial real estate continues to successfully navigate this uncharted territory.

According to new research from JLL, property technology - or PropTech - start-ups in Asia Pacific are outpacing their counterparts in Europe and the United States with 179 of them raising around $4.8 billion in funding since 2013.

According to a report by real estate consultant JLL and The Business of Cities, London, New York, Paris, Singapore, Tokyo, Hong Kong and Seoul are among the seven most competitive cities in the world.

According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33% of all transaction activity in the first half of 2017.

According to the latest research from CBRE, global real estate continues to serve as an attractive asset class for investors, with Asian outbound investment into the sector posting significant year-on-year gains in the first half of 2017.

According to CBRE's Towards 2020: China Investment Strategy report, commercial property transactions in China will grow to RMB 260 billion ($39 billion USD) by 2020, a 45% increase from 2016.

Commercial property investors are allocating more capital to real estate worldwide, with Asian investors now accounting for five of the 10 biggest cross-border spenders.

According to JLL's latest Hong Kong Monthly Market Monitor report, returning office stock arising from expiring leases led to a net withdrawal of 16,000 sq. ft in the Grade A office market in June 2017.

Substantial increase in sales dollar volume from Canadian buyers, foreign investment in U.S. residential real estate skyrocketed to a new record-high


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