Real estate veteran Chris Fossick steps down from top JLL role, joins board of UK firm Native Land
CHRIS Fossick has stepped down as JLL’s chief executive of JLL South-east Asia and joined the UK’s Native Land as a non-executive...
Business-leisure travel, long-stay services next growth opportunity for hoteliers
HOTEL owners and operators are investing in new facilities as they hope to take advantage of shifts in travel behaviour that are...
Apac facing shortage of net-zero carbon office buildings: JLL
MAJOR cities in the Asia-Pacific (Apac) will face a supply shortage of sustainable workplaces, as more corporate occupiers demand office buildings that...
Singapore prime office rents weaken in Q3, outlook mixed
THIRD-QUARTER Grade A office rents in Singapore’s central business district (CBD) fell 0.3 per cent quarter on quarter, as demand for office...
Union Investment puts VisionCrest Commercial on market; guide price above S$470 million
THE property unit of German asset manager Union Investment is putting on the market VisionCrest Commercial along Penang Road.
En bloc offers for Lakeside Towers fall short of S$350 million reserve price
OWNERS at Jurong condominium Lakeside Towers will move into private treaty negotiations with potential buyers, following the closing of the collective sale...
Homing in on luxury condominiums
A POSITIVE story is forming in Singapore’s luxury condominium market. More are buying these upmarket non-landed properties costing at least S$5 million...
Retrofits: the better way to decarbonise the real estate industry
IT IS an established headline – real estate is one of the single biggest carbon-emitters globally. Consensus generally positions real estate’s impact...
Asia-Pacific real estate investment volumes to drop 5-10% in 2023: JLL
REAL estate investment volumes will continue to contract by 5 to 10 per cent in 2023 after declining 25 per cent year...
En bloc deadlock to continue in 2023
MANY residential collective sale sites will likely remain unsold next year, as a mismatch in price expectations between buyers and sellers continues...