According to new data by global real estate consulting firm JLL, commercial real estate investment activity in Asia Pacific declined by 30% year-on-year in the first quarter of 2023, as total investment activity in the region reached $27 billion.
According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks address persistent high inflation.
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.
Singapore based property broker Edmund Tie is reporting this week that private new home sales increased for a consecutive month by 70% to 1,547 units in November 2021 from 911 units in October.
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.
Posted on August 19, 2016
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Posted on June 07, 2016