Companies and staff members alike are revisiting how they engage with each other. Where and how should they best do that? Will we, in Asia, come back to a new way of working or simply fall back into old patterns? What does that mean for the investors, portfolio managers, developers and property professionals who own or run our work spaces?
Despite a wave of new lockdowns at the start of 2021, Partners Group expects an increase in activity in the global commercial real estate sector this year, as potential negative year-end 2020 valuation adjustments get absorbed and sellers adjust their price expectations.
George Agethen is senior vice president, Asia Pacific, with Ivanhoé Cambridge, which he joined in 2015 and led a transformation of the organisation’s presence and strategy in Asia Pacific, establishing the region as a meaningful contributor to the company.
Cities are constantly evolving, and so are the communities composing them. Home, work and recreational spaces are no longer seen as separate spaces, but as an integrated centre supported by great amenities. A reimagined vision for the Singapore city centre will see seamless interplay of the live-work-play phenomenon.
As we hope to exit the pandemic this year, its lessons for safer, more sustainable real estate assets have not gone unnoticed by investors that are incorporating ESG initiatives into their decision making and investment strategies for their property portfolios.
In 2020, Landmark Partners tallied 114 real estate secondary transactions, representing approximately US$8.5 billion of net asset value that closed or were placed under contract. Recapitalisation of funds and property portfolios dominated secondary market activities in 2020, accounting for 66 percent of the total transaction volume.
Charter Hall Group has partnered with global real estate investor QuadReal to acquire one of the largest remaining development sites in Brisbane’s central business district, located within the heart of the North Quay renewal precinct.