Philippines on course to become economic powerhouse

PHILIPPINES economy will triple in size over the decade to become a major economic titan like China, Japan, India, and South Korea, according to Department of Finance (DOF) Secretary Ralph Recto.…

By Nelson Yap 1 Min Read

Just for You

Recent News

German fund sells Tokyo office investments for $USD295m

THE real estate arm of East Japan Railway has bought the Shibuya Prime Plaza office building for in excess of 25 billion yen - around $USD165 million - Germany’s Union…

By Edward McDonnell 3 Min Read

Japan’s small hotel rooms a mismatch

A MERE 4% of the hotels in Japan’s major cities have rooms that can accommodate three or more guests.  Research has found around half of the foreign travellers visiting Japan…

By Edward McDonnell 3 Min Read

JLL increases push for ESG in Thailand

LEADING real estate consultancy JLL projects Environmental, Social, and Governance (ESG) trends in 2024 will underscore the escalating desire for sustainable office buildings and the crucial role of building performance…

By Nelson Yap 7 Min Read

HK offices remain flat

OVERALL the Hong Kong office market remains flat despite an increase in luxury brand office leasing. JLL's latest Hong Kong Property Market Monitor found luxury brands have benefited from the return…

By Edward McDonnell 3 Min Read

Singaporeans spoilt for choice, Knight Frank

HOMEBUYERS have more choices now than they did in the property boom during the pandemic, and the variety of options has led to longer decision-making before purchase. Nevertheless, demand remains…

By By Nicholas Keong 7 Min Read

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The Instant Group’s 2024 APAC Flexible Workspace Market Review, demand for…

By Nelson Yap 3 Min Read

Vietnamese developer who swindled $41bn receives death sentence

A Vietnamese property tycoon has been sentenced to death in one of the world’s biggest-ever fraud cases, with total damages estimated at a staggering A$41.3 billion. Three hand-picked jurors and…

By Nelson Yap 3 Min Read

Japan’s listed Loadstar Capital dabbles in luxury hotels

EXCLUSIVE: LISTED Japan based property company LoadStar Capital has purchased six hotels & resorts from development group NTT Urban Development Corporation. The price remains undisclosed but Asia Property Journal estimates the…

By Edward McDonnell 2 Min Read

Flexible workplace demand growing in Thailand

ASIA Pacific and Australia flexible workspaces provider, The Flexi Group, is expanding Thailand’s capital to capitalise on rising demand. The Common Ground Ploenchit will be spread over two floors in…

By Nelson Yap 3 Min Read

Valuers beware – IVS to include ESG from 2025 

OPINION: LANDLORDS need to start preparing for more questions from valuers about an array of different ESG elements for assets following changes to the International Valuation Standards (IVS). The IVS…

By Georgia Warren-Myers 5 Min Read

Digital Core expands stake in Osaka data centre

SINGAPORE Exchange-listed Digital Core REIT has bought an additional 10.0% interest in a half a billion dollars Osaka data centre, solidifying its presence in the dynamic Asia Pacific market and…

By Nelson Yap 2 Min Read

Straits flush despite industrial property devaluation

SINGAPOREAN group Straits Trading Company has sold an Adelaide distribution centre it developed for $52.7 million – nearly $12 million below book value. The 34 Share Street property in Kilkenny,…

By Nelson Yap 1 Min Read

Thai tourism recovery to drive commercial property in 2024

THAILAND'S ongoing tourism recovery is set to drive the country's commercial real estate sector in 2024, according to JLL Thailand. According to JLL, Thailand’s real estate market will demonstrate resilience…

By Edward McDonnell 6 Min Read

Trophy asset offered by Knight Frank Singapore

AGENTS Knight Frank is offering a rare trophy asset of two adjoining conserved shophouses in the heart of the Telok Ayer Conservation Shophouse enclave for sale by Expression of interest in…

By Edward McDonnell 18 Min Read

JLL reinforces commitment to Asia Pacific 

NEW YORK listed real estate advisory JLL (NYSE: JLL)  has strengthened its commitment to the Asia Pacific region with two major appointments to its team based out of Singapore. JLL announced that…

By Edward McDonnell 5 Min Read
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