Developers completed more retail centers across the globe last year than in 2015, but momentum appeared to wane in many countries.
The Council on Tall Buildings and Urban Habitat (CTBUH) is pleased to announce that Ping An Finance Center is officially complete according to CTBUH criteria.
Hong Kong is the world's highest-priced office market while European office markets showed the most consistent growth in prime office rent, mostly due to a lack of supply. Belfast (up 25 percent year-over-year) led the way among the 121 cities surveyed.
Asia Pacific real estate investors will be motivated by fundamental investment objectives, including favorable yield spreads and adopting higher risk/return strategies.
Despite office leasing activity slowing around the lunar New Year holidays, the Grade-A office market still recorded a number of notable transactions in January 2017.
Asian outbound real estate investment was dominated by Chinese property investors in 2016, accounting for nearly half of total investment.
Shanghai became the top city for real estate investment in Asia Pacific in Q4 2016. Thanks to a steady stream of transactions at the end of the year.
Global real estate consultant CBRE expects Tokyo Grade A office rents to peak in Q3 2017 before entering a period of gradual correction.
China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.
According to CBRE India's latest India Office MarketView Report Q4 2016, India's office market witnessed an all time high annual absorption of over 43 million square feet in 2016
According to global real estate consultant CBRE, Japan's office leasing and investment markets will likely reach a turning point in the cycle in 2017.
According to JLL's Year-end Hong Kong Property Review 2016 published this week, the launch of Shenzhen-Hong Kong Stock Connect is expected to further support demand from PRC financial services firms in Central Hong Kong.
China's new Shanghai Tower was just named the "Best Tall Building Worldwide" by the Council on Tall Buildings and Urban Habitat (CTBUH) this past week.
According to CBRE's Q3 2016 MarketView data for the Asia Pacific region, overall property investment turnover during Q3 picked up slightly with an increase in transaction volume of 5.6% quarter-on-quarter to $24.6 billion.
According to new research from CBRE Group, Asian investment in global commercial real estate is on track to set a new record in 2016, with the Americas the leading target region.
It's been a year since China surprised the world by allowing greater flexibility in the renminbi exchange rate, resulting in its drop in value by a record 1.9 percent against the US dollar.