Time for global investors to dive into local property market
DEPUTY FINANCE MINISTER SAYS THERE’S NO TIME LIKE THE PRESENT FOR FOREIGN INVESTORS TO JUMP IN Foreign investors should once again take a closer look at Malaysia as a property investment destination, says deputy finance minister Datuk Lee Chee Leong, because they can now take advantage of the comparatively... Read more
Asian Investors zero-in on US, UK, German commercial markets
In general, commercial property investors are allocating more capital to real estate worldwide, but Asian investors, in particular, now represent five out of the 10 biggest cross border spenders in 2017. According to a recent Jones Lang LaSalle (JLL) report, Inter-regional investment reached US$19.5 billion (RM83.3 billion) in Q2... Read more
New breed of industrial & logistic spaces meet new market needs
DON’T BE SURPRISED IF ALIBABA OR AMAZON BECOME MAIN TENANT OF ‘AREA LOGISTICS @ AMPANG’ BY Zoe Phoon “The property is designed as an e-commerce fulfillment centre and logistics hub. It is there to compliment the rapidly growing e-commerce space requirements in the coming years,” Datuk Stewart LaBrooy, executive chairman,... Read more
Rising demand for co-working office space in HK
Leasing activity remains robust in Hong Kong, despite a contraction of the occupier market, and this is largely led by demand from co-working and serviced office operators looking out for expansion opportunities. According to the latest Monthly Market Monitor on Hong Kong by Jones Lang LaSalle, as at June... Read more
The Ribbon to be striking new gateway to Sydney CBD
IN WITH THE BOLD, OUT WITH BORING BOXES BY Zoe Phoon                                                                            ... Read more
A globalised future for property investment
BY Chris Prasad International real estate firm Knight Frank predicts that more than 30% of total worldwide real estate transactions will be cross-border by 2018. In its inaugural Active Capital report released last month, Knight Frank foresees that the globalisation of real estate will accelerate next year, suggesting that... Read more
Introducing… the industrial space of the future
WE SPEAK TO AREA MANAGEMENT EXECUTIVE CHAIRMAN LABROOY ABOUT THE NEW BREED OF MANAGED INDUSTRIAL PARKS AND MORE… BY Zoe Phoon Developers and industry stakeholders are realising the need to do more than just offer a choice property to compete. Find out what’s in store for the new breed... Read more
World’s most expensive office markets revealed
HONG KONG, LONDON AND NEW YORK TOP THE LIST Hong Kong (Central) and London’s West End continue to command the highest prime office occupancy costs in the world, says CBRE Research’s annual Global Prime Office Occupancy Costs report. Hong Kong central district’s overall prime occupancy costs of US$303psf (US$1... Read more
Seeking certainty of returns? Find out why REITs the way
BY Zoe Phoon A real estate investment trust (REIT) is a company that owns or finances income-generating real estate. The latter includes shopping malls, industrial facilities, office buildings, hospitals, hotels, plantations and infrastructure. The following Q&A with Leong Kit May, CEO/executive director, Axis REIT Managers Bhd, provides insights into... Read more
Ticking time bomb Down Under
RISING HOUSEHOLD DEBT POISED TO HURT, WHILE HOUSE PRICES ARE BEING CITED AS BEING ‘DANGEROUSLY DUMB’   BY Chris Prasad Australians have reportedly borrowed up a storm and are now racking up extreme levels of debt to buy homes in a landscape that already houses some of the world’s... Read more