Thailand’s Ticon Industrial Connection Plc (TICON) plans to convert three of its property funds into the country’s largest real estate investment trust (REIT) with total combined asset of 32 billion baht ($964 million). The three property funds are Ticon Property Fund, Ticon Park Logistics Fund and Ticon Industrial Growth Fund. The merger comes amidst the Securities […]
Japan’s logistics real estate market may see some price softening next year as new supply outpaces demand, opening up potential opportunities for new investors to enter the market. As J-REITS and non-listed core capital from institutions such as Deutsche Bank and Morgan Stanley see opportunities in Japanese logistics amid ultra-low interest rates, the market could […]
Leading today’s news, one of Singapore’s richest men is going big on data, or at least on the buildings that house it, while Australia picks up 4.6 billion baht by selling its Bangkok embassy site to a local developer. Also in the headlines, Evergrande’s chairman turned his company’s debt-fueled expansion into a spot as China’s […]
Co-living is a form of housing where residents share living space and a set of interests and values. It is part of a modern, urban lifestyle that values openness and sharing, and aligns with the general shift toward ridesharing/carsharing and coworking. In particular, co-living can be seen as an extension of the co-working trend that […]
The technology sector is one of the most important occupier categories in Asia Pacific. For example, the region is now home to seven of the 22 global fintech unicorns—startups valued at more than US$1 billion. The e-commerce industry has been a major contributor to office leasing demand and is projected to grow substantially in the […]
Asian cross-border investment surged by 98% y-o-y to US$ 45.2 bn in H1 2017. The increase was partly due to a one-off US$ 13.2bn purchase of a logistics portfolio in EMEA. Chinese investors remained most active but the composition of buyers changed amid increased scrutiny of cross-border capital flows. Other major sources of capital including […]
Investors are allocating more capital to real estate worldwide, with Asian investors now accounting for five of the 10 biggest cross-border spenders. Inter-regional investment reached US$19.5 billion in Q2 2017, up 71 per cent from the same period last year. Globally, China was the third biggest source of cross-border capital into real estate in the […]
Direct investment in Thailand’s hotel sector reached THB10.7 billion in the first half of 2017, according to JLL Hotels & Hospitality Group. This figure is attributed to four major transactions, comprising five hotels in Bangkok and Pattaya. “As a comparison, 2016’s full-year investment volume was only THB 9.6 billion,” says Mike Batchelor, Head of Investment […]