Commercial Other

Managers strive to keep units full after a year of the pandemic. 

Investments jumped 68% and 280% in Australia and Singapore, respectively.

Total volumes surged 241% to USD1.5b during the quarter.

These include a waiver of the 10% VAT on property sales under IDR2 billion.

Half of the properties in APAC prime locations is over 20 years old.

Sales were down 6.2% to S$3.42 billion during the quarter.

JLL says this sector presents massive potential  in the foreseeable future.

JLL says asset yields have not fully priced in low interest rates yet.

Thanks to growth in logistics, data centres, and multifamily investments.

Environmental, social, governance demands are mounting in all real estate assets groups.

Electrification is a crucial step to decarbonise the sector.

27% of investors plan to increase their involvement in partnerships.

A $1.02bn acquisition is on top of the list. Led by Gebr Knauf’s $1.02bn acquisition of Usg Boral Building Products, Asia-Pacific’s construction & real estate industry saw a drop of 13.16% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database.

Singapore is still the most active source of outbound capital for three years now.

It’s almost on par with 2019 totals of USD5.4b.

Transaction volume almost halved to USD 7.7b.