Commercial real estate volumes in Asia-Pacific are set to spike in the second half of this year, said Jones Lang LaSalle.» Read More
MANILA, July 2- Sweating under their hard hats, renowned Polish architect David Libeskind and interior designers from Italy's Armani trooped to a construction site in sweltering, downtown Manila, to perform the ground breaking for a new tower in the Philippine capital.
FRANKFURT, May 16- German real estate group Corpus Sireo, which manages offices for clients such as Deutsche Bank, Deutsche Telekom, Cerberus and Brookfield, has attracted several bids and expects a sale to be decided in July, people familiar with the matter said.
For 89-year-old Raj Kalaan, her caregiver's bi-weekly visits are cherished. A young lady companion spends three hours per week with her.
DUBAI, April 22- Dubai's Emaar Properties reported a 55 percent rise in first-quarter net profit on Tuesday, as the region's economic recovery brought consumers back to its malls and shopping units, and house buyers returned to the market.
A new site hopes to come to the rescue of small-business tenants who need smaller office space.
Amid reports that China is considering relaxing house ownership restrictions, analysts have tipped the real estate sector as one to watch.
HONG KONG, March 20- Cash-strapped Chinese are scrambling to sell their luxury homes in Hong Kong, and some are knocking up to a fifth off the price for a quick sale, as a liquidity crunch looms on the mainland. At the same time, credit conditions in China have tightened.
Against a backdrop of runaway property prices and overdevelopment, China is planning a national property tax, with many industry players' blessing.
BERLIN, March 6- Europe's hotel sector is finding its financing options are the best in years as investors seek better returns in a low interest rate environment and economies emerge from bruising recessions, fanning optimism for the rest of the year.
*Abu Dhabi property market recovery as fast as Dubai's. ABU DHABI, Feb 19- For years, Abu Dhabi's real estate market has paled next to its more dynamic, glamorous rival in neighbouring Dubai. Prime residential sale prices in Abu Dhabi jumped 25 percent and rentals climbed 17 percent in 2013, real estate advisory firm Jones Lang LaSalle estimated.
ZURICH/ BRUSSELS, Feb 10- A vote to curtail immigration from the EU could cost Switzerland its privileged access to the European single market, European officials said on Monday, after Swiss voters narrowly backed the restrictions in a referendum that has unsettled business.
San Francisco has been crowned the most dynamic city in the world, according to a new survey published on Friday.
Jon Hubbard, Northern Europe CEO of Jones Lang LaSalle Hotels & Hospitality Group, discusses the outlook for the hotel sector in 2014 and the investment potential.
Mumbai saw its most expensive apartment sale on record last month, but this comes in stark contrast to growing pessimism over the market's outlook.
A rebound in Japan's real estate market is driving investors to take on more risk by buying office buildings far from Tokyo's prime districts.
Check out which companies are making headlines after the bell Monday:
Commercial real estate investment in Japan spiked 78 percent in the second quarter, a sign that the impact of the government's radical reflating policies is gaining traction.
South Korea is now the largest property investor so far in 2013 after a jump in tensions with North Korea has fed a tenfold surge in overseas commercial property spending.
Alastair Hughes, CEO, Asia Pacific at Jones Lang LaSalle tells CNBC's Cash Flow why he likes the commercial property markets in Jakarta and Manila right now.
David Green-Morgan, Global Capital Markets Research Director, Jones Lang Lasalle says the region's property sector got a drubbing last year, but is likely to rebound in 2013.