Philippines

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…

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GLP expands China logistics and data centres business

GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…

GIC withdraws US$1bn Seoul sale amidst political uncertainty

SINGAPORE’S sovereign wealth fund GIC and CBRE Group have pulled the plug on their proposed…

Empyrion Digital makes foray into AI-ready centre in Taiwan

DIGITAL infrastructure player Empyrion Digital has joined forces with Giga Computing, a subsidiary of GIGABYTE,…

Singaporean sells Shanghai commercial office

SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial…

Lasted Philippines

New stores surge as Filipinos enjoy retail therapy

FILIPINOS love for shopping is driving retail property the Philippines, with demand for more stores and expansions of existing malls.…

Philippines govt relocates NBI to Pasay City

THE Philippines’ National Bureau of Investigation (NBI) has decided to move its main office to Pasay City following a rigorous…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Penang, Malaysia Singapore’s UMS…

Robinsons Land sells 11 malls for P33.9bn

REAL estate developer Robinsons Land Corporation (RLC) has sold 11 malls and two offices for PHP33.915 billion (approximately USD$578 million)…

Ayala Land buyout partner in Cebu project

PHILIPPINES developer Ayala Land is bolstering its growing presence in the Visayas region after acquiring its joint venture partner’s share…

Battle heats up in Asia to dominate manufacturing

INDONESIA, Malaysia and Vietnam are neck and neck in a heated race to become the next global manufacturing powerhouse, with…

India and Bangladesh lead, as Asian cities emerge as world’s fastest growing

ASIA will account for a staggering 14 of the 15 fastest growing cities by 2033, with India, Bangladesh, Vietnam and the…

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…