According to CBRE's 2020 Korea In and Out report, foreign investment in the Korean commercial real estate market reached an estimated $1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial real estate investment volume fell 39% y-o-y to $6.3 billion in 2020.
According to JLL's latest Hong Kong Property Market Monitor report, Hong Kong's leasing volume in the Grade-A office market improved in the first quarter of 2021 as occupiers started to resume making real estate decisions.
According to new research by JLL, total investment volumes in Hong Kong for commercial properties worth over HKD 20 million increased 22.6% year-on-year to HKD 12.5 billion in the first quarter of this year as the Covid-19 pandemic began to ease.
According to global property consultant JLL, asset yields across Asia Pacific face further compression in 2021, with tightening expected across various real estate asset classes and pricing adjustments in major metropolitan areas.
According to CBRE research, Asia Pacific data centre net absorption doubled in 2020, reaching an all-time high - with Tier 1 markets, including Tokyo, Sydney, Singapore and Hong Kong SAR, reaching 322 megawatts (MW).
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