Even those with but a passing interest in Asia Pacific’s commercial office space are by now aware of the burgeoning ranks of shared-space purveyors, such as Ucommune, WeWork Cos, Regus, and a rash of smaller or regional players.
From the Current Issue
Online retail sales across the five developed Asia Pacific markets — Australia, Hong Kong, Japan, Singapore and South Korea — are expected to increase by approximately 60 percent between 2018 to 2023, or US$120 billion.
The Australian commercial property market continues to provide an attractive investment case for international investors, as evidenced by record transactions in the market.
Behavioural features that affect our choices are everywhere, and harnessing their power can have a strong impact on enhancing the overall value of real estate projects and cities.
Landmark deals over the past two years indicate major real estate players continue to remain positive on the region’s growth. Still, what is sorely missing is the presence of an operational REIT framework in some of the region’s fast-growing economies.
Institutional investors are urged to act, as climate change poses a threat to property returns, according to Mercer’s latest report, Investing in a Time of Climate Change – The Sequel 2019.
Both Asia Pacific and global property stocks took a pause in April as investors shifted more toward growth orientation on strong US economic data, views that trade tensions were easing and indications China’s stimulus measures were having a positive impact.