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Asia Pacific's cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.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.
According to new research by international property consultant JLL, global commercial real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021.