Hong Kong Disneyland will spend US$550 million to build a 750-room hotel, increasing the total number of hotel rooms at the resort by 75 percent. The “exotic locations” themed hotel is expected to open in 2017. The are currently two … Continue reading →
Tesco –Britain’s largest supermarket chain by market share – reported a 1.5 percent decline in UK sales for Q3-2013. Sales numbers were also down by 5.1 percent in Tesco’s stores in Asia. In October the company reported a 23.5 percent … Continue reading →
Direct commercial real estate investment in the Asia Pacific region amounted to $27 billion for Q1-2013, according to Pattaya Mail (quoting data from Jones Lang LaSalle’s Global Capital Flows report). This marks a 26 percent increase in volume compared with … Continue reading →
Office rents in downtown Dubai range between $38/sf and $49/sf, according to Property Wire. Mall WARNINGS : While you decide to take Sildenafil for cheap levitra uk immediate cure before it is too late. It is because of the dangers … Continue reading →
In an effort to cool the residential housing market, China implemented a 20 percent capital gains tax on residential property effective March 1, along with higher down payment requirements for second home buyers. The previous capital gains tax rate was … Continue reading →
Commercial mortgage-backed securities (CMBS) issues are expected to reach $26 billion for the first quarter of this year – more than four times the amount issued in the first quarter of 2012 , according to The Wall Street Journal. Bank … Continue reading →
Average monthly office rents in Beijing are forecast to rise by six percent (from $7.22/sf in the last quarter of 2012 to $7.68/sf by the fourth quarter of 2013) in a market close to balanced between supply and demand, according … Continue reading →
The U.S. Patent and Trademark Office (USPTO) has granted Apple’s request for trademark/trade dress protection for the design and layout of its retail stores, according to Reuters. The description of the protection (granted on January 22) includes an “oblong table … Continue reading →
Singapore has implemented a stamp duty on industrial property sales to dissuade short-term speculation, according to Bloomberg. Effective as of January 12, sellers will pay a 15 percent tax for sales of warehouses and factories occurring within the first year … Continue reading →
Korea’s most expensive officetels (multi-purpose buildings with residential and commercial units) are located in Seoul’s Gangnam district with prices as high as $434/sf,
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