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.
This week the Council on Tall Buildings and Urban Habitat (CTBUH) has announced that there are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of 432 Park Avenue in New York City.
Organizations all across Asia are now under pressure to drive down costs by increasing their workplace 'static density'--the space per sq. ft. per workstation.
Asian cross-border commercial real estate (CRE) investment in Q1 2015, at $8.6 billion, constituted the strongest recorded Q1 outbound performance since major Asian outflows began.
Tokyo cemented its lead as the top destination in the APAC region for market entries by international retailers, as cities in Asia Pacific saw 464 new retail entrants in 2014.
Economic growth in Asia Pacific will remain ahead of the world average in the coming years.
According to CBRE, cross-border real estate investment surge 125% quarter-on-quarter in Q4, 2014 to US$10.2 billion.