Global property consultant CBRE is reporting that data centre investment in APAC is set for a record year, with $1.8 billion in direct data centre investments transacted in the first half of 2021.
According to CBRE's Asia Pacific Real Estate Market Outlook report, Asia Pacific's commercial real estate markets will continue to recover in the second half of 2021, with investment activity picking up significantly, regional retail rents stabilizing in 2022, and office leasing demand gradually improving.
Based on findings of CBRE's 2021 Asia Pacific Future of Office Survey, a growing number of corporate occupiers plan to extend their Asia Pacific office footprint in the long-term while adopting strategies featuring greater flexibility and new hybrid working models.
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
Posted on May 02, 2017
Posted on January 24, 2017