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Sydney has continued its progression as a hyperscale cloud destination, with Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba all continuing their local market inroads in a bid for further market share. Each has been intrigued by the plethora of locally based mid- and large-size enterprises currently reviewing their IT strategy, along with the many government and educational organizations pursuing modernization initiatives from the NSW government and ATO on down. As each service signs up new clients...
Download the Report Read MoreTokyo is rapidly becoming a regional hub for hyperscale deployments, as the xScale joint venture between Equinix and GIC nears first phase completion and development continues from the Digital Realty/Mitsubishi Corporation partnership on their latest site. These developments have...
Download the Report Read MoreCOVID-19 Driving Growing Demand for Data
Despite the ongoing geopolitical uncertainties and COVID-19 outbreak, activity in the Hong Kong data center market has remained red hot. In one of the largest leasing transactions this year, US-based data center REIT Digital Realty announced in early July that it agreed to lease a newly completed purpose-built data center at 11 Kin Chueng Street in Kwai Chung as the operator’s second facility in the city.
Download the Report Read MoreJapan’s economy passed over the business peak around the fall of 2018, entering a clear recession due to the consumption tax rate hike in the October 2019 and exacerbated by the impact of the spread of COVID-19 since February 2020. However, with May 2020 as the bottom, Japan’s economy is now headed toward recovery.
Amid the impacts of the spread of COVID-19, the for-sale/transaction market for real estate in Japan has already peaked. However, the balance of power between sellers and buyers in transactions has not shifted notably as of present, and the functions of a sound real estate transaction market have been maintained.
Looking at Japan’s real estate rental market, with June 2020 as the bottom, the market conditions of hotels and retail properties are heading toward recovery after an abrupt setback due to countermeasures against the spread of COVID-19.
Download the Report Read MoreColliers International, in its latest report titled “New Directions In Asia Pacific Logistics-Increasingly Varied Sector Requires Multiple Approaches” highlighted the positive outlook that lies ahead for Asia Pacific’s logistics market.
Across Asia Pacific, demand for logistics space has been supported by a long-run shift from physical to online retailing. COVID-19 has driven up e-commerce volumes sharply, while expansion in the cold chain sector and new infrastructure developments should boost demand further. Most investors and developers already see logistics warehouses as a core asset class.
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