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.
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.
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.
Asia Square Tower 1 has been sold by a BlackRock advised fund to the Qatar Investment Authority (QIA) at approximately $2.45 billion U.S. dollars.
American retailers - which already operate in more foreign countries on average than their Asian and European peers -- have widened the gap with a more aggressive international expansion pace.
Voracious global demand for e-commerce fulfillment centers and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally.
Total commercial property investment turnover in Asia Pacific in the first quarter of 2016 declined by 36% quarter-on-quarter.
Retailers are expanding their networks of stores internationally this year despite the presumed headwind of online shopping.
Moderate economic growth with low interest rates, punctuated with bouts of pessimism and volatility are likely to continue in 2016
Industrial and supply chain real estate occupiers and investors alike experienced a record-breaking year in 2015 and should expect this trend to continue well into 2016.
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.
Global accountancy network BDO predict 2016 will be a year of uncertainty for the Asian Real Estate market.
This week the Federal Open Market Committee (FOMC) raised U.S. interest rates for the first time since 2006. The 25-basis-point (bps) increase to the target federal funds rate was widely anticipated.
This week the Council on Tall Buildings and Urban Habitat (CTBUH) Awards Jury selected Bosco Verticale in Milan, Italy as the "2015 Best Tall Building Worldwide".
Cross-border property investment in Asia accounted for 36% of total turnover year-to-date - rising 36% quarter-on-quarter to $10.6 billion - marking this the highest total recorded since 2008.