Mumbai Real Estate News
Mumbai
Sydney Now Most Expensive City for Office Tenant Buildouts in Asia Pacific
Hong Kong's average cost of designing and building workspaces raised 8.3% to USD 130 per sq ft (around HKD 1,015 per sq ft) in 2022, according to JLL's Asia Pacific Fit-Out Cost Guide 2022/2023. The increase in cost has slowed compared to the 9% growth in 2021.
Japan, Australian Cities Most Resilient to Environmental Risks Impacting Property Investors
According to CBRE's latest 'Asia Pacific Sustainable City Ranking' report, cities in Japan and Australia are the most resilient to environmental risks and Ho Chi Minh City is the most resilient emerging Asian market.
90 Percent of Global E-Commerce Growth Coming from Asia Pacific Region Over Next 5 Years
According to CBRE research, the size of the global retail market totalled $15.6 trillion in 2021, with Asia Pacific accounting for a 40% share. While the pandemic has accelerated the growth of e-commerce, offline retail remains the dominant sales channel.
Global Housing Markets Index Defies Market Forces, Prices Still Rising
According to international property consultant Knight Frank, global housing markets defied the odds in Q2 of 2022. While many expected a notable slowdown in the second quarter of 2022, both in terms of the index's overall performance, and in relation to the number of countries seeing house price declines in annual terms. Neither materialized.
