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.
This past week China's economy posted 6.7% y-o-y GDP growth in Q3 2016, on par with H1 2016 levels.
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.
A newly launched index that derives the price of prime residential and commercial development land in 13 major cities across Asia, saw mixed results in the first half of 2016.
Chinese investors dominated Asian outbound investment in the first half of 2016, accounting for 60%, or $16.1 billion, of total investment.
Hong Kong has become the world's highest-priced office market as Asia continued to dominate the list of the world's most expensive office locations, accounting for seven of the top ten markets.
According to CBRE's second-edition of Four Quadrants Asia Pacific, as several interest rate cuts were recorded across the region, debt financing turned more active while the equity funding market slowed down.
According to CBRE recently released Greater Pearl River Delta Infrastructure Outlook report, which explores how infrastructure projects in the Greater Pearl River Delta (GPRD) will foster long-term development in the commercial real estate market.
Total commercial property investment turnover in Asia Pacific in the first quarter of 2016 declined by 36% quarter-on-quarter.
According to the latest Skyscraper Index from Knight Frank, office rents in London's skyscrapers are rising faster than those in any other global city.
According to a new global report CBRE, the worldwide shopping center development pipeline has continued to increase, reaching 41.9 million square meters in 2015.
Growing concerns over the health of the global economy, workforce strategies and rising cost and speed of business are heavily influencing real estate decision-making.
The global aging population will drive real estate transaction volumes to surpass $1 trillion globally by 2020, up from $700 billion in 2015.
According to CBRE's 2016 APAC Real Estate Market Outlook Report, due to Asia Pacific's steady economic growth -- which will continue to outpace the rest of the world in 2016 -- investment activity in the region will remain solid.
Moderate economic growth with low interest rates, punctuated with bouts of pessimism and volatility are likely to continue in 2016