High housing prices and small living space should continue to drive personal demand for self-storage, while corporates and e-commerce platforms will likely drive business demand.
More employers plan to increase rather than decrease staffing levels in most Asia Pacific countries, with employers in Japan reporting the strongest hiring intentions.
For FY 2018, direct commercial real estate investment volume for Asia Pacific totalled USD 160 billion, increasing from FY 2017’s figure of USD 149 billion.
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The Asia Pacific region is expected to be the standout region with hotel investment volumes forecasted to grow by 15% year-on-year in 2019.
Two key economic drivers of the economy, exports and tourism, will face challenges this year
As the retail market moves online, demand for modern logistics warehousing will only increase further.