According to a webinar hosted by HVS, London’s hotel market will return to pre-pandemic performance levels, but is unlikely to return to growth until at least 2024 or 2025. While the majority (38%) of the 300 webinar attendees said in a poll that they did not expect hotel RevPAR to reach 2019 levels until 2023, […]
Based on JLL’s newly released annual Hotel Investment Outlook Report, Asia Pacific’s hotel market recorded a sharp investment rebound in 2021, but levels still remain below pre-pandemic levels as the industry recovery continues. JJL further reports transaction volume in Asia Pacific totaled $8.5 billion, accounting for 13% of total global hotel volume. This level of activity […]
ccording to Turks & Caicos Sotheby’s International Realty’s End of Year 2021 Report, the islands saw a record-breaking 158.5% increase in annual sales compared to 2020. The islands also reported that single-family homes accounted for 49% of the total TCI real estate market last year and experienced price increases of 30%, with over 38 homes […]
Commercial investment volume increased by 34% year-over-year in Q1 According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited […]
According to global real estate consultant JLL, rapid expansion in the life sciences sector will provide substantial opportunities for commercial property owners and developers in Asia Pacific, as real estate becomes a priority for companies that provide health and medical products and services. JLL further reports life sciences-focused companies in Asia Pacific are primed to […]
According to the latest research from CBRE, commercial real estate lending activity edged up in the first quarter of 2022, despite rising inflation and heightened geopolitical risks. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the U.S., increased by 69% year-over-year and 5.5% quarter-over-quarter, and is now 50% […]
