Hong Kong is the most expensive office market in the world, costing twice as much as the others.Office space in Hong Kong is more than twice as expensive as prime commercial property in any other global region, according to property…May 2, 2023May 2, 2023
The Cayman Islands are home to the world’s super-rich.Li Ka-shing, Hong Kong’s richest man for the past seventeen years with a rumored personal fortune of $33 billion, shocked analysts by…May 2, 2023May 2, 2023
Domestics will drive office demand in Asia in 2015, though multinationals will be wary.Domestic and Asia-regional companies, according to CBRE Asia, will drive leasing markets in APAC in 2015, rapidly expanding in core central…May 2, 2023May 2, 2023
Brazil has seen an increase in tourism of 18.8% year over year.According to the World Tourism Organization, while global international tourism grew by nearly 5% in the first half of 2011, Latin American…Apr 21, 2023Apr 21, 2023
In 2018, Singaporean investors took the lead in Asian outbound property investment.For Asian property buyers, London remains the top target market.Apr 21, 2023Apr 21, 2023
In Asia, private education facilities are becoming more common as an investment target.According to JLL, Asia Pacific’s private education market is a growing property investment industry, powered by the region’s demand for…Apr 21, 2023Apr 21, 2023
The residential market in Macau maintains its momentum.According to JLL’s Macau Mid-Year Property Review 2017, Macau’s gaming revenue increased for the 11th month in a row, propelling the city’s…Apr 20, 2023Apr 20, 2023
The demand for coworking office space in Hong Kong is increasing.Returning office stock due to expiring leases resulted in a net withdrawal of 16,000 sq. ft in the Grade A office market in June 2017…Apr 20, 2023Apr 20, 2023
Hong Kong’s political unrest is having a negative impact on the local office market.According to JLL’s latest Property Market Monitor Study, the combined office vacancy rate of Hong Kong’s traditional business districts…Apr 20, 2023Apr 20, 2023
Despite a drop in global commercial real estate investment in 2019, demand remains high.Following a rocky 2018, global real estate consultancy JLL reported this week that investment in global commercial real estate cooled in…Apr 19, 2023Apr 19, 2023
