Despite the bleak outlook for workplace markets elsewhere in the world, a lot of Asia-Pacific’s office markets will see positive rental progress this 12 months. Research & news is our hub for residential and commercial articles and research from professionals providing industry-leading advice and analysis. The latest property market news and opinions, plus helpful guides and prime ideas from our industry experts. We present a full vary of property-related providers across a range of sectors – from retail and hospitality by way of to industrial. The median gross sales price of recent properties dropped 7.6% on an annual foundation in February, to $400,500, its lowest degree since June 2021. Hotel Investment Strategies CEO Ross Woods expects Indonesia’s luxury accommodation providers to face up to the current pressures being positioned on the nation’s tourism industry on account of COVID-19.
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