Advances in technology, a more mobile workforce, and unpredictable economic growth are starting to reshape the business environment and transform occupiers’ approach to office space decisions. In the Bangkok office market, a traditional three-year lease with options to renew and the tenant fitting out the space remains the typical way of leasing office premises for […]
The top residential and commercial real estate news of the week – 24 June 2019 NCC counts on stopgap events hallBangkok PostNCC Management & Development, the venue management firm and operator of Queen Sirikit National Convention Center, expects a new convention hall at Samyan Mitrtown to offset income lost while rebuilding QSNCC. Property Perfect sells over […]
The retail industry is undergoing one of the most profound periods of technological transformation in history. The evolving retail landscape and consumers’ changing behaviour has led to the emergence of new retail formats and adoption of new technologies. Traditional retailers are continuously being forced to evolve and invest in digital transformation. The growing future supply […]
We recently launched the 10th edition of our Global Real Estate Transparency Index, a leading publication that has been charting the progression of transparency across the world for two decades. The 2018 Index builds upon the strong track record of our previous surveys, evolving to meet ever-changing demands, and now covering 100 countries and 158 […]
The rise of flexible space in Asia Pacific has been meteoric. JLL research indicates major operators grew their footprint at an annualized rate of 35% over the 2014-2017 period and that pace of growth has carried over into 2018 (Figure 1). Figure 1: Flexible space stock*Source: JLL Research A number of factors have driven the […]
Economic conditions in the US continue along a path of steady improvement, with the latest GDP growth rate of 4.1% (annualized), signifying the strongest rate of growth in four years. Robust economic growth teamed with strong employment data and upward pressure on inflation suggest the likelihood of further rate hikes over the course of the […]
The self-storage industry in Asia is evolving as the notion of storing personal belongings outside the home catches on. Outside of Japan and Australia, Hong Kong remains the most established Asian market with an estimated 418 facilities, a number that compares closely to China’s total facilities. However, there is potential for further market growth. Per […]
The Thai government has released a housing stimulus measure which grants personal income tax allowance for buyers of first homes worth up to 5 million baht during April 30-December 31, 2019. This measure will help reduce housing costs based on the personal income tax rate of each purchaser. Although houses with the prices under 5 […]
