Shanghai Real Estate News
Shanghai
Dubai, Palm Beach and Miami Lead World's Super Luxury Home Sales
Based on new data from global property consultant Knight Frank, 463 sales of properties valued at $10 million or more were recorded in the three months leading up to June 2024 across 11 key markets. This figure is slightly lower than the 476 sales recorded in the previous quarter.
Global Edge Data Center Market to Hit $300 Billion by 2026
Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.
Macau's Residential Sales Continue to Decline in 2024
Data from DSF indicate that the housing market transaction volume decreased by 12.7% year-over-year in the first half of the year, while 172 presale homes were recorded during the same period.
Asia Pacific Office Sector to Further Reprice Throughout 2024
Based on new data by CBRE, Outstanding senior commercial real estate debt in Asia Pacific totals at least $257 billion, with a funding gap of $8.4 billion expected between 2024 and 2026. This is a much narrower gap than investors in the other major regions.
