There is no escaping the fact our climate is changing — for the worse — and the global real estate industry is one of the largest contributors to this change. It means, however, industry players are uniquely positioned to tackle this challenge — this imperative — to help save the planet for future generations.
Holistic impact measurement — what all funds should be striving for — should focus an investment’s long-term purpose. Impact is then measured against this purpose, comparing a fund not with other investment vehicles, but against a standard and purpose it has defined for itself.
Hong Kong is best known as a financial centre. The city is Asia Pacific’s largest centre for international banking, measured by loans; is home to one of the world’s six largest stock exchanges; and is the largest international asset management hub in Asia. It should retain these positions for many years.
The Australian commercial property market continues to provide an attractive investment option for international investors, despite the challenges of the COVID-19 pandemic. Capital flows picked up strongly in 2021 as investor confidence returned to the market.
From the COVID-19 pandemic to Russia’s war on Ukraine, the world has seen its fair share of black swan events recently. Countries that had started to see the business and economic light at the end of the tunnel after enacting “live with COVID” policies have been jolted by the upheaval of the largest invasion of a sovereign nation in Europe since World War II.
Life sciences occupiers are flocking to the Asia Pacific region, lured by its proximity to quality talent and strong consumer markets, according to JLL’s May 2022 report, Life sciences in Asia Pacific: A booster for growth. The survey gathered insights from life sciences organisations about their views on the sector’s outlook, its implications on their future real estate needs and the opportunities emerging for real estate developers, occupiers and investors.
After the damaging disruption caused by the pandemic, the global travel and tourism sector is finally seeing signs of recovery. As the sector continues to evolve, the halt to international travel not only provided new challenges, but also the opportunity for policymakers, destination leaders and stakeholders to enhance the sector’s readiness.
The Australian REIT sector weakened in the first quarter of 2022, with a –7.1 percent total return, compared with the broader S&P/ASX 200 Total Return Index, which was up 2.2 percent. The weak performance in A-REITs was reflective of the weakness across global markets being impacted by interest-rate concerns.