Based on new data from CBRE, global industrial rents have continued to grow as a lack of significant new development has fueled global growth in prime industrial rents in 2011, and will drive continued rent increases over the next two years. Despite a weak economic outlook and a decline in industrial production,
According to Jones Lang LaSalle's latest Global Capital Flows Report for the third quarter of 2011, four out of the top ten most traded direct real estate city markets globally in the third quarter of this year were in Asia Pacific. Hong Kong, Tokyo, Shanghai and Sydney and all made the top ten, compared to four cities in the Americas and two in Europe.
The $230 million (USD) sale of Tatung Co's industrial property in prime Beitou District, Taipei by tender this week set the mark for the largest industrial office sales transaction in Taiwan year-to-date. Fubon Life Insurance Co, Taiwan's second largest life insurer, won the bid to secure the landmark property, ...
While both established life sciences companies and bio-technology start-ups continue to center their headquarters and innovation activities in cluster areas within Europe, the United States and Japan, emerging markets of Brazil, India, China and others are becoming more competitive, says Jones Lang LaSalle's new Global Life Sciences Cluster Report.
The world's prime office markets seem to be fairing well against an uncertain global economic outlook, according to both CBRE Global Office Rent and Global Capital Value Indices. Both indexes continued to rise during the third quarter (Q3) of 2011.
Jones Lang LaSalle reported this week that the European industrial investment volumes rebounded strongly in the third quarter, totaling €2.3billion, up 13% quarter-on-quarter. This follows a slow second quarter, where volumes dipped by 14%. As a result, the year to date total of €6.8billion is 15% ahead of the equivalent period last year, ...
According to Jones Lang LaSalle's new Global Office Index, prime office rents across 81 global markets increased by a further 1.1 percent during third quarter 2011 despite corporations delaying real estate decisions and facing renewed pressure to drive down costs in the face of economic volatility in Europe and the United States.
Based on Jones Lang LaSalle's inaugural Global Office Index, while many businesses are delaying real estate decisions and facing renewed pressure to drive down costs in the face of economic volatility in Europe and the United States prime office rents across 81 global markets increased by a further 1.1 percent during third quarter 2011.
According to global real estate firm Jones Lang LaSalle, the changing face of the region - urbanisation, population growth, output of commodities and manufactured goods and cost competitiveness in the services sector - are the main economic drivers for Asia Pacific to continue to outperform other regions.
Abu Dhabi-based Aldar Properties announced today that five major UAE retail groups representing a large number of leading global brands have committed to Yas Mall. Aldar has also unveiled new details about the development's unique design that will make Yas Mall one of the most exciting retail deliveries to hit the UAE.
Even though London and New York have long been considered the world's top financial hub cities, Hong Kong and Sydney are gaining ground and catching up with a number of international financial institutions expanding into the Asia Pacific region.
According to figures released this week by Jones Lang LaSalle, global direct real estate investment volumes in the third quarter of 2011 totaled $US99 billion, up 36 percent on the same period in 2010. In the first nine months of 2011, investment activity increased by 43 percent,
Based on Jones Lang LaSalle's 3Q Mainland China property report, average rents in the Grade A office market rose 2.5% q-o-q as expansion demand from both MNC and domestic tenants remained strong.
The international real estate firm of Knight Frank has been engaged to handle the sale of St Luke's Hospital site located on Woodside Avenue, Muswell Hill in London. St Luke's Hospital opened as a mental health hospital in 1930. Part of the site was vacated after a public consultation in 2008/09
According to Jones Lang LaSalle, direct commercial real estate Investment volumes in Asia Pacific have increased to around 10% year to date. Preliminary figures released today suggest that volumes have now reached approximately USD 67 billion year to date compared to USD 61 billion for the same period last year.
According to a recent executive poll from Jones Lang LaSalle, corporate tenants gave Asia Pacific a vote of confidence with 79% predicting either increased (43%) or stabilized (36%) headcount in the region over the coming quarter. Jones Lang LaSalle polled participants from 16 countries in three regions
Third party and institutional investor interest is booming in healthcare real estate, a property sector that has only marginal penetration by real estate investors in spite of the scale of sector. The estimated value of all healthcare real estate assets in the United States including all forms of healthcare real estate including hospitals,
Today Jones Lang LaSalle announced that the firm's tenant representation and project management teams have assisted Home Depot and Banco del Bajío in relocating their respective Mexico headquarters operations in recent months, in transactions totaling 105,000 square feet throughout Monterrey, Mexico.