According to CBRE's newly released 2018 Japan Real Estate Market Outlook, due to a new supply of Class A office space coming on the market, rental rates in Tokyo will see a correction in 2018.
Technology advances in areas such as big data analytics, machine learning and artificial intelligence are transforming industries across the globe, providing insights and opportunities for those in the vanguard, while technology laggards risk becoming obsolete.
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, for the second consecutive year, Hong Kong's Central commands the world's most expensive premium office rent, at an average of $323 per sq. ft per annum (about HKD210 per sq. ft per month).
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 JLL's latest monthly Property Market Monitor released this past week, new office lettings in Central Hong Kong surged 47% month-over-month in September 2017.
Outbound Japanese real estate investment rises 23% year-over-year to $1.3 billion, development investment activity was also brisk, and indirect property investment via funds is set to increase in the coming year.
Hong Kong is once again the world's highest-priced office market according to CBRE's semi-annual Global Prime Office Rents survey.
According to a new CBRE thought leadership paper, circa $300 billion worth of Australian residential assets could be owned by institutional investors within the next couple of decades if the multifamily sector evolves in the same vein as the US.
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.
According to CBRE, demand for office space in Tokyo remains stable across a wide range of sectors in 2017. One Grade A building was completed during the second quarter, with several large units still available.
According to CBRE, a wave of new office supply is on the horizon for Sydney's commercial market, providing a plethora of prime grade options in the nation's largest CBD.
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.
According to global real estate advisor Knight Frank, office skyscrapers in Hong Kong are the most expensive commercial real estate assets in the world in 2017.