Property Investment In Asia Pacific Jumps 20% In Q1

ASIA PACIFIC – Data from Jones Lang LaSalle (JLL) showed that real estate investment in Asia Pacific increased sharply by 20 percent in Q1 2022 on an annual basis, with a total of US$40.8 billion...

Singapore’s OUE Commercial REIT Plans To Buy Office Bldgs Abroad

SINGAPORE – Following the completion of the S$634 million sale of a 50 percent stake in OUE Bayfront in March 2021, the manager of OUE Commercial Real Estate Investment Trust (REIT) revealed that they intend...

Newmark Group Ventures Into Hong Kong; Upbeat On Local Office Market

HONG KONG – Newmark Group, one of the largest listed commercial property consultancies in the US, has opened its 1st office in the Chinese territory, reported the South China Morning Post (SCMP) on Wednesday (27...

Commercial Property Investment In Singapore Up 19% In Q1

SINGAPORE – Commercial real estate (CRE) investment in the city-state increased about 19 percent quarter-on-quarter to $2.6 billion during the first quarter of the year, according to a recent report published by Cushman & Wakefield...

Singapore Coworking Space Operator Ventures Into Australia

AUSTRALIA – The Work Project (TWP), a Singapore-based coworking space operator has teamed up with the landlord of the 49-storey Quay Quarter Tower in Sydney to open a flexible office space in the soon-to-be finished...

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