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Some 25 per cent of respondents say AI adoption will require them to expand their office footprint, according to CBRE. Photo: Sun Yeung
International Property

Asia-Pacific firms divided on how AI will impact office space demand: survey

AI currently has a more significant impact on office operations than on real estate requirements, CBRE says.

International Property

Which property markets will be the winners and losers if Fed raises US rates?

Hong Kong property

The Peninsula Hong Kong and Tokyo set for HK$2.1 billion revamp

International Property

Foreign US home buying down 14% as Chinese lead high-end market

The drop in foreign homebuyer activity mirrors the decline in international visitors and tourists to the US, says realty group.

An aerial view along Pompano Beach in Florida, the top US state for foreign homebuyers. Photo: TNS
An aerial view along Pompano Beach in Florida, the top US state for foreign homebuyers. Photo: TNS
International Property

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Deal to buy Orchard Road complex from entity owned by Wharf Real Estate Investment is first by developer’s Singapore investment fund.

International Property

Demand for Dubai homes cools as Iran war drags on

Sales volumes fell markedly in May and June, according to Knight Frank, with rising costs adding to developers’ woes.

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International Property

Chinese immigrants play outsized role in Canada’s housing scene amid foreign ban

Chinese permanent residents, exempted from the ban, are estimated to have bought US$4 billion worth of homes last year in Canada.

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Ottawa bars most foreigners from purchasing homes, though students, foreign workers and permanent residents are exempt from the restriction. Photo: Shutterstock
Ottawa bars most foreigners from purchasing homes, though students, foreign workers and permanent residents are exempt from the restriction. Photo: Shutterstock
International Property

Mainland Chinese, Hong Kong homebuyers flock to Australia. What drives the rush?

Moderating prices and a relaxed lifestyle are among factors reinforcing Australia’s safe-haven appeal for foreign investors, agents say.

International Property

Berkshire Hathaway’s multibillion-dollar Taylor Morrison buy to boost confidence

While Chinese investors are turning away from America, the conglomerate’s US$6.8 billion cash acquisition could encourage more home sales.

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International Property

Will tourist visa fees, interest rate policy impact Japan’s housing sector?

Do property investments in the world’s fifth-largest economy add up for foreigners after visa fee hikes and a tightened monetary policy?

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Japan has increased tourist visa fees and tightened its monetary policy which could impact foreign buyers investing in property. Pictured is the residential district in Fujisawa city, Kanagawa prefecture of Japan. Photo: Getty
International Property

Foreign buyers proceed with caution on Thai luxury villas after loophole closes

As of early this year, Thai authorities had prosecuted more than 850 companies for financial damages involving lost revenue of US$458 million.

A luxury property in Phuket. An estimated three in five transactions in the villa segment involved a foreign buyer or lessee. Photo: Handout
A luxury property in Phuket. An estimated three in five transactions in the villa segment involved a foreign buyer or lessee. Photo: Handout
Banking & finance

New York leads, but Asia-Pacific’s financial hubs are on the rise

The centre of gravity is shifting east in the financial services world, but New York remains the global benchmark, says Colliers report.

International Property

Spain’s property market sees boost as Hongkongers, others, depart UK and Canada

As the cost of living rises, some Hongkongers living in the United Kingdom and Canada are set to move to Spain under the NLV scheme.

International Property

Property challenges put Chinese firms’ go-global plans at risk: JLL

Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says.

The banking district of Frankfurt, Germany, is seen on July 30, 2020. Photo: AP Photo
International Property

AI boom fuels US$11.6b data centre investment surge in Asia-Pacific

Adoption remains selective as some landlords are still cautious, especially when tenant credit profiles are less established.

A data centre under construction in Sedenak Tech Park in Johor, Malaysia, Sept. 27, 2024. Photo: AP
A data centre under construction in Sedenak Tech Park in Johor, Malaysia, Sept. 27, 2024. Photo: AP
Accounting and auditing

Evergrande liquidators seek US$8.4 billion from PwC units in Hong Kong lawsuit

PwC International seeks removal from case as liquidators press claims against global arm as well as the Hong Kong and mainland China units.

Hong Kong property

Hong Kong, mainland China spur surge in Asia-Pacific commercial property deals

Office and retail recovery gains traction in first quarter, as Hong Kong transactions jump 367 per cent and mainland China tops the market.

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Hong Kong property

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

Shoppers queue and snap photos in Tsim Sha Tsui in early May. Photo: Jelly Tse
Shoppers queue and snap photos in Tsim Sha Tsui in early May. Photo: Jelly Tse
International Property

Singapore’s safe-haven status draws more Chinese property investment

Mainland firms’ investments in Singapore fixed assets zoomed to 21 per cent of the total in 2025 from 2.5 per cent a year earlier.

Millionaires, billionaires and trillionaires

Mainland China’s ultra-wealthy numbers rise as Hong Kong poised for rebound

China’s ultra-wealthy population has grown 23 per cent in five years, while Hong Kong is forecast to see a 25 per cent rebound by 2031.

Hong Kong property

WeWork finds new lease of life in Hong Kong as uncertainty drives global demand

Companies pull back from traditional office commitments, driving a surge in flexible space demand as WeWork adds a new site in Causeway Bay.

WeWork in Causeway Bay. Flexible workspace pricing has remained relatively stable despite the broader downturn. Photo: Xiaomei Chen
Hong Kong property

Return of overseas hires meets tighter supply, driving up Hong Kong luxury rents

Repulse Bay is at the centre of a rebound, with leasing activity surging and high-end homes drawing multiple rental offers.

Easter decorations seen at the entrance to The Repulse Bay development, which is seeing a surge in leasing activity. Photo: Handout
Easter decorations seen at the entrance to The Repulse Bay development, which is seeing a surge in leasing activity. Photo: Handout
International Property

How changes in home rental laws in England impact Hong Kong, mainland investors

Hong Kong-based investors own about 19 per cent of foreign-owned homes in London, while mainland Chinese account for about 12 per cent.

International Property

Japan hotels luring Hong Kong families, global investors

Record tourism, limited supply and a weak yen lift returns as institutional capital pours into the hospitality sector.

Hong Kong property

Hong Kong, Sydney or Dubai? Prime real estate investors take their pick

Rich buyers are reshaping ultra-luxury property markets from Sydney and Hong Kong to Dubai, drawn by each city’s unique selling proposition.

Illustration: Henry Wong
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