According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.
According to JLL's latest Hong Kong Property Market Monitor Report, grade A office market picked up some momentum in April due to the relaxed social distancing measures. Overall net absorption was 249,000 square feet as tenant demand sustained in addition to the completion of new supply.
A recent study by JLL of 32 global urban centres revealed that the real estate sector accounts for an average 60% of overall carbon emissions, exceeding the World Green Building Council's current estimates of 40%.
According to global property consultant CBRE, following a steady flow of sales in 2020, corporates across Asia Pacific increased their real estate disposal activity in 2021. 762 deals worth a combined total of $44.4 billion were completed as sellers capitalised on strong pricing to offload assets.
According to global real estate consultant JLL, rapid expansion in the life sciences sector will provide substantial opportunities for commercial property owners and developers in Asia Pacific, as real estate becomes a priority for companies that provide health and medical products and services.
Posted on February 24, 2022
Posted on January 14, 2022