Global Real Estate News

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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.

GLOBAL: May 31, 2015

WEF: Bahrain third most competitive centre in MENA for travel and tourism

According to the World Economic Forum’s bi-annual Global Travel & Tourism Report 2015, Bahrain is the third most competitive centre in the Middle East & North Africa (MENA) and the 60th globally. It is assessed as being on par with the UAE (the regional leader) in terms of ICT readiness and is ahead of fourth ranked Morocco in terms of each of the five enabling ‘environment pillars’ other than safety and security. ...

GLOBAL: May 31, 2015

WEF: Qatar second most competitive centre in MENA for travel and tourism

According to the World Economic Forum’s bi-annual Global Travel & Tourism Report 2015, Qatar is the second most competitive centre in the Middle East & North Africa (MENA) and the 43rd globally. It ranks ahead of regional leader UAE in terms of business environment, human resources and health and hygiene. It is slightly behind the UAE in terms of ICT readiness. ...

GLOBAL: May 31, 2015

WEF: UAE most competitive centre in MENA for travel and tourism

According to the World Economic Forum’s bi-annual Global Travel & Tourism Report 2015, the UAE is the most competitive centre in the Middle East & North Africa (MENA) and the 24th globally. ‘It has created extremely effective branding campaigns (1st) and an enabling business environment … with strides in travel facilitation and the liberalisation of the visa regime (30th). … Improvements could be made in terms of health and hygiene servi...

GLOBAL: May 31, 2015

WEF: UAE most competitive centre in MENA for travel and tourism

GLOBAL: May 31, 2015

WEF: Hong Kong 13th most competitive centre globally for travel and tourism

According to the World Economic Forum’s bi-annual Global Travel & Tourism Report 2015, Hong Kong is the 13th most competitive centre globally. Its ratings for business environment, safety and security, and human resources are marginally lower than those of 11th ranked Singapore. Hong Kong is ahead (just) in terms of ICT readiness and health and hygiene. ...

GLOBAL: May 31, 2015

WEF: Singapore 11th most competitive centre globally for travel and tourism

According to the World Economic Forum’s bi-annual Global Travel & Tourism Report 2015, Singapore is the 11th most competitive centre globally. ‘Singapore has taken the necessary measures related to international openness (1st) to ensure the seamless arrival of international visitors and has strong ground (2nd) and air (6th) transport infrastructure.’ The main challenge is that Singapore is not a very price-competitive destination (1...

GLOBAL: May 31, 2015

JLL: Grade A rents up, values up in Bangkok over year to 1Q15

According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Bangkok CBD were USD220 per square metre per annum. In THB terms, this represented gains of 1.6% qoq and 7.1% versus 1Q14. Average Grade A capital value was USD3,229 per square metre – or up 3.1f% qoq and up 11.9% relative to 1Q14. ...

GLOBAL: May 31, 2015

JLL: Grade A rents up, values up in Melbourne over year to 1Q15

According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Melbourne CBD were USD212 per square metre per annum. In AUD terms, this represented rises of 0.4% qoq and 2.7% versus 1Q14. Average Grade A capital value was USD6,676 per square metre – or up 0.8% qoq and 11.6% relative to 1Q14. ...

GLOBAL: May 31, 2015

JLL: Grade A rents and values up slightly in Jakarta CBD over year to 1Q15

According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Jakarta’s CBD were USD334 per square metre per annum. In IDR terms, this represented no change qoq and a marginal increase of 0.2% relative to 1Q14. Average Grade A capital value was USD4,335 per square metre – or unchanged qoq and up 0.9% relative to 1Q14. ...

GLOBAL: May 31, 2015

JLL: Grade A rents up, values up in Sydney CBD over year to 1Q15

According to Jones Lang LaSalle’s publication ‘The Office Index’ for 1Q15, average Grade A office rents in Sydney CBD were USD350 per square metre per annum. In AUD terms, this represented gains of 1.5% qoq and 1.3% versus 1Q14. Average Grade A capital value was USD9,776 per square metre – or up 3.5% qoq and up 10.5% relative to 1Q14. ...