Asia Pacific Commercial Real Estate News
Asia Pacific Commercial
Asia Pacific's Commercial Investment Market Continues to be Challenged in 2023
According to CBRE's newly released 2023 Asia Pacific Real Estate Market Outlook Mid-Year Review, a continued challenging environment for the Asia Pacific commercial real estate investment market still persists due to the prolonged interest rate hike cycle, insufficient price corrections, and a slower than expected recovery of mainland China.
Despite Global Economic Uncertainty, Commercial Investment in Japan Grew in Q2
Based on a new report by CBRE, total commercial real estate investment volume in Japan grew by 3% year-over-year to reach JPY 749.0 billion in Q2 2023, slightly above the average Q2 figure over the past five years.
AI and Streaming Drive Global Data Center Growth Despite Power Constraints
According to a new report from CBRE, power supply has had difficulty keeping pace with data center industry growth across the globe, keeping vacancies low and pushing rents up even amid robust construction.
Asia Pacific Logistics Users Plan to Expand Warehouse Portfolio in 2023
According to a new CBRE survey, logistics occupiers in Asia Pacific plan to expand their warehouse portfolio in the next three years, with a focus on high-quality facilities located in prime areas near customers and public transport.
