Asia Pacific Commercial Real Estate News
Asia Pacific Commercial
Hong Kong Class A Office Leasing Volume Upticked in Q1
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.
Hong Kong Commercial Property Investment Spikes 23 Percent in 2021
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.
Asia Pacific Property Asset Yields Compress in 2021
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.
Data Center Demand Explodes in Asia, Reaching Record High Megawatt Absorption
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).
