270 Park Avenue in New York City will become the tallest building ever conventionally demolished, as well as the first building over 200 meters in height to be peacefully razed.
Increased interest in self-storage facilities, data centers, student accommodation, education and aged care as investors chase yield
China has reclaimed top spot for the most attractive market for manufacturing, confirming its status as the sector's powerhouse.
China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.
Chinese investors dominated Asian outbound investment in the first half of 2016, accounting for 60%, or $16.1 billion, of total investment.
According to CBRE's second-edition of Four Quadrants Asia Pacific, as several interest rate cuts were recorded across the region, debt financing turned more active while the equity funding market slowed down.
This week the Council on Tall Buildings and Urban Habitat (CTBUH) has announced that there are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of 432 Park Avenue in New York City.
Organizations all across Asia are now under pressure to drive down costs by increasing their workplace 'static density'--the space per sq. ft. per workstation.
Asian cross-border commercial real estate (CRE) investment in Q1 2015, at $8.6 billion, constituted the strongest recorded Q1 outbound performance since major Asian outflows began.
Tokyo cemented its lead as the top destination in the APAC region for market entries by international retailers, as cities in Asia Pacific saw 464 new retail entrants in 2014.
Asian intentions to invest in commercial property assets will remain strong this year with Tokyo being the most active market in 2015.
Economic growth in Asia Pacific will remain ahead of the world average in the coming years.
CBRE Asia is predicting that domestic and Asia-regional firms will drive leasing markets in APAC in 2015.
According to CBRE, cross-border real estate investment surge 125% quarter-on-quarter in Q4, 2014 to US$10.2 billion.
The third quarter of 2014 saw the completion of four large transactions worth over $500 million each.
Prices for prime residential property in the world's leading city markets rose by only 0.2%.
