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Jones Lang LaSalle Inc

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  • Sales volume was up 81 percent to $13.3 billion in the first four months of the year in the Americas, driven by U.S. deals, according to Jones Lang LaSalle. The notion of an overheating market is not merited, a bevy of speakers at New York University's International Hospitality Industry Investment Conference said on Monday. We would say no, "said Jonathan Gray, global...

  • Half a millennium later, that sum wouldn't buy a square foot of office space in New York City's trendiest real estate market, the area below 34th Street known as Midtown South. Fueled by an influx of workers from the Internet economy and a record 17 consecutive quarters of rising prices, the average cost per square foot of office space in Midtown South hit an...

  • May 5- Guests checking into a hotel run by one of the top chains in the United States can expect to pay 5 percent more this year than last as a brighter economy pushes occupancy to record highs. Hyatt Hotels Corp on Tuesday joined Hilton Worldwide Holdings Inc, Marriott International Inc and Starwood Hotels& Resorts Worldwide Inc in forecasting that group...

  • BELGRADE, March 31- The vista of rusting boats and drab wasteland that greets visitors passing over the river Sava into Belgrade is set to be transformed into a futuristic forest of skyscrapers under ambitious redevelopment plans that have left Serbs deeply split. The project marks the first foray into central and eastern Europe by Abu Dhabi- based Eagle Hills...

  • BELGRADE, March 31- The vista of rusting boats and drab wasteland that greets visitors passing over the river Sava into Belgrade is set to be transformed into a futuristic forest of skyscrapers under ambitious redevelopment plans that have left Serbs deeply split. The project marks the first foray into central and eastern Europe by Abu Dhabi- based Eagle Hills...

  • Hong Kong retail rents drop as Chinese shoppers stop Monday, 30 Mar 2015 | 1:52 AM ET

    A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas.

  • Hong Kong retail rents drop as Chinese shoppers stop Sunday, 29 Mar 2015 | 7:30 PM ET

    HONG KONG, March 30- A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate. Spooked by months of cross-border tensions and pro-democracy protests, tour groups visiting Hong Kong...

  • Hotel investors battle for yield as sector heats up Sunday, 8 Mar 2015 | 5:00 AM ET

    *Report predicts $68 bln in hotel real estate deals in 2015. BERLIN, March 8- Investors are expected to pump more money into buying, converting or building hotels in 2015 than in any year since the start of the global financial crisis, with a focus on budget and' buzz'. "It's not about people loving hotels, it's about investors searching for a return on their money which...

  • *Global retailers such as Gap, H&M planning big push into India. NEW DELHI/ MUMBAI, Feb 24- A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop. Located in a posh district in the south of New Delhi,...

  • *Global retailers such as Gap, H&M planning big push into India. NEW DELHI/ MUMBAI, Feb 24- A severe shortage of attractive malls has made setting up shop in India easier said than done, crimping expansion plans for both foreign retailers such as Lacoste and domestic giants like department store chain Shoppers Stop. Located in a posh district in the south of New Delhi,...

  • A high-end property collapse in Singapore Thursday, 19 Feb 2015 | 12:38 AM ET

    Singapore's tony Sentosa Cove properties attracted wealthy foreign buyers, but now it's the slowdown's epicenter. The New York Times reports.

  • SHANGHAI, Feb 17- China shares rose to three-week highs on Tuesday, lead by gains in property firms after data showed some signs housing prices were starting to stabilize in the biggest cities. Average new home prices in China's 70 major cities fell 0.4 percent in January from December, a ninth straight monthly drop, but price falls in Beijing and Shanghai eased,...

  • First Chinese bought US apartments, now it's hotels Wednesday, 11 Feb 2015 | 7:22 PM ET

    The closing of the sale on Wednesday of New York's famed Waldorf Astoria hotel to China's Anbang Insurance Group for $1.95 billion marks the tip of an unprecedented wave of Chinese investment pouring into U.S. hotels.

  • BEIJING, Jan 26- Chinese investors are set to fork out $20 billion on offshore property this year, up 21 percent on 2014 as more domestic real estate developers and insurers internationalize their holdings, Jones Lang LaSalle Inc said on Monday. "The easing of restrictions over the last a few years by the Chinese government has... much easier for institutions as well...

  • Three reasons to stay in HK property stocks Thursday, 4 Sep 2014 | 6:38 PM ET
    Apartment Windows In Downtown Hong Kong

    Hong Kong property stocks have enjoyed a healthy run this year and according to analysts, the sector could benefit from further upside.

  • Is Dubai's property market still too hot? Wednesday, 20 Aug 2014 | 6:35 PM ET

    If you wanted to make a quick buck in property, Dubai would have been the place to do it. And the desert of superlatives is still going strong.

  • Halal tourism takes off in Japan Sunday, 17 Aug 2014 | 6:23 PM ET
    A barbecue restaurant which serves Halal certified food in Tokyo, Japan.

    Japan's courting of Muslim tourists has led to a wave of Halal food and Muslim-friendly amenities sprouting in the land of the rising sun.

  • China graft crackdown drives money into Australia Thursday, 14 Aug 2014 | 8:01 PM ET
    Prospective buyers wait in line to inspect a house for sale in the suburb of Eastwood in Sydney, Australia.

    More wealthy Chinese are moving their money out of China to invest in Australia's property market as a corruption crackdown in China gathers momentum.

  • Unsold land in China signals developer uncertainty Wednesday, 6 Aug 2014 | 6:25 PM ET
    People at a real estate trade fair in Beijing, China.

    For the first time lands plots up for auction in Beijing went unsold, signaling developer anxiety over continued weakness in the property market.

  • Asia commercial property set for boom in second half Tuesday, 15 Jul 2014 | 6:22 PM ET
    High-rise buildings and real estate advertising in Tianjin, China.

    Commercial real estate volumes in Asia-Pacific are set to spike in the second half of this year, said Jones Lang LaSalle.