Communities around the world are racing to control the spread of the novel coronavirus and the disease that it causes, COVID-19. Increasingly, that means implementing aggressive social distancing measures, which can inhibit the spread of the virus and flatten the transmission curve. Given what is known about the virus so far, using building strategies to help slow the spread of the disease makes sense to help protect those who must work in an office or commercial setting and in multifamily settings.
The Greater Sydney Commission (GSC) has prepared a 40-year vision for connecting and rebalancing growth and development in Greater Sydney, one of the fastest-growing regions in the developed world. In an event organized by ULI Australia and Urbis, GSC chief commissioner Lucy Turnbull presented the keynote, outlining how land use, transport, and infrastructure planning for the growth areas have for the first time been prepared concurrently.
Niche strategies and development are high on the agenda for investors looking to hit their return targets in South Korea. A group of private-equity real estate managers gathered at the ULI South Korea Annual Conference, held in Seoul in January to discuss capital markets in Korea and further afield.
Insurers and investors adopt new models to calculate how the changing climate will affect long-term asset values.
China is a nation of more than 1 billion “digital-first” consumers, Jeffrey Towson, managing partner at Towson Group and a Peking University professor, said at a recent ULI event in Shanghai. Because these consumers are starting to act like an interconnected network—influencing each other and generating fresh ways of doing transactions—they are shaping how almost all companies do business.
Improved connectivity leads to better cities and more profitable buildings, and data can play a crucial role in analyzing that connectivity and planning to maximize it, said a keynote speaker at the ULI Asia Pacific Leadership Convivium in Singapore.
When e-commerce first became entrenched in China, it seemed to sound the death knell for traditional retail. Sporting venues and other cultural attractions are helping bring foot traffic to the experiential retail of the future, said panelists at a ULI event in Shanghai.
Members of ULI’s Asia Pacific Tech Council discuss the new council’s areas of focus, the interface between technology startups and the real estate industry, the challenges of incorporating rapidly evolving technologies, the promise of big data, and related trends.
Singapore-based developer CapitaLand is harvesting data to boost the revenues of its retail tenants and to help it locate future malls. Speaking at the ULI Asia Pacific Convivium, Chris Chong, managing director at CapitaLand Retail, said that the company uses data to boost both footfall and spending for tenants in its malls, which will ultimately benefit the landlord.
After several years of steady growth, Asia Pacific real estate continues to produce strong returns, but caution is increasingly embedded into investor strategies, according to Emerging Trends in Real Estate ® Asia Pacific 2020, an annual real estate forecast jointly published by ULI and PwC. Singapore, Tokyo, Sydney, and Melbourne are ranked as four of the top five markets for investment prospects, reflecting investor preference for regional markets that are large, liquid, and defensive.