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    June

  • 06-17-20

    Old Town, New Ideas: An Innovative Approach To Chinese Old Town Regeneration

    In recent decades, SOM’s urban design work in China has created several successful old town redevelopment planning projects—such as Shanghai Xintiandi and Foshan Lingnan Tiandi—that integrate China’s ancient urban heritage into a new type of urban placemaking, one that celebrates local traditions while also creating immeasurable economic, social, and cultural value. Guangzhou’s Old Town is the latest of these.

  • 06-09-20

    Tracking China’s Burgeoning Recovery from COVID-19

    When the SARS epidemic surfaced in China in 2003, the impact on domestic real estate was severe but fairly short-lived, with rents and prices rebounding quickly once the outbreak had peaked. The fallout from COVID-19, however, promises to be more profound, as shrinking global demand for Chinese products turns the screw on firms that have only recently restarted operations, said industry experts working in the region.

  • 06-08-20

    UL Interview: Vincent Lo, Chairman of Shui On Land, on Addressing COVID-19

    Kenneth Rhee, executive director of ULI China Mainland, spoke with ULI leader Vincent Lo, chairman of Shui On Land, about his thoughts on the near-term impact of COVID-19 on China’s real estate market and how the urban environment and real estate industry will change.

  • 06-08-20

    Singapore’s Newest University Plans for the Future of Learning

    The Punggol Digital District, set to launch in 2023, will form a fresh nexus between higher education and industrial innovation, with its two anchor institutions being the Singapore Institute of Technology and a new business park developed by JTC Corporation, an industrial property developer and manager.

    • May

  • 05-28-20

    Repurposing Flexible Spaces Helping Singapore Developers Recover

    Panelists at this year’s ULI Singapore Conference, held virtually for the first time, discussed the challenges they face as developers with recent workplace disruptions, how to allow for working remotely while catering to the needs of stakeholders, and the lasting impact the pandemic will have on commercial real estate as a whole.

  • 05-26-20

    Hong Kong Adopts Two-Envelope Tendering for Prime Waterfront Site

    The Hong Kong government’s recent decision to embrace a new tendering process for the sale of a prime parcel of waterfront land adjoining the Central business district marks a welcome departure from longstanding policy. In the past, such tenders were invariably awarded to the highest bidder without regard to the quality of the proposed development. Now, however, use of a “two-envelope” approach to sell the plot, known as Site 3, means that design also becomes part of the equation.

  • 05-22-20

    With Reduced Revenues, All Options on the Table as Asia’s Hospitality Industry Pivots

    At the 2020 ULI Singapore Conference, which was held virtually, panelists discussed how hotels have started to offer takeout and delivery to nonguests, in addition to working with the local government to house those under quarantine orders.

  • 05-21-20

    EY/ULI Report Highlights Long-Term Attractiveness of Global Business Districts for the Future

    An international study assesses and compares 21 leading global business districts, confirming that business districts in western Europe and North America continue to lead the way amid fierce competition from Asian business districts, but all will need to adapt for the future in response to the COVID-19 crisis. Business districts in Tokyo, Seoul, Singapore, and Beijing all ranked in the top 10 in this year’s study.

  • 05-19-20

    Confronting COVID-19: Insights from Asia on Business Impacts and Mitigation

    Many countries in Asia have successfully mitigated the spread of COVID-19 through a range of strategies that include universal mask use, testing, sophisticated technology for contact tracing, and strict government quarantine and cleaning protocols, according to leading real estate professionals participating in a recent ULI webinar. The participants described impacts on their real estate businesses, and how the real estate industry has been enlisted in the fight against the coronavirus.

  • 05-13-20

    Investor Perspective from Singapore: Transactions Down while Logistics and Data Centers in Demand

    Real estate investment in the Asia Pacific region has been on a downward trend since 2019, and market uncertainty brought about by the COVID-19 pandemic has exacerbated the situation, said speakers at a recent ULI Singapore event held virtually.