Asia Pacific
The Dasha River Ecological Corridor focuses on the ecological restoration project in the Nanshan district of Shenzhen, China. The project, led by China Resources Land and master planned by AECOM, aims to restore the watercourse that connects the coastal Nanshan district to the northern mountainous area of the city.
With the Asia Pacific region comprising 4.3 billion people and many of the world’s biggest cities, the sheer scale of the sustainability challenge there is daunting. However, asset owners are increasingly using more sustainable designs and technologies to boost the performance of their assets.
Sid Yog, the founding partner of Xander Group, reflected on his career in discussion with ESR Hong Kong managing director Rui Hua Chang during a fireside chat at the ULI Asia Pacific Summit 2023 in Singapore.
Curating and creating great spaces is at the heart of what industry players in the built environment sector do every day. Placemaking is the “art and science” of turning the ordinary into the extraordinary.
As the real estate industry focuses increasingly on the mantra of carbon efficiency, owners and occupiers are scrambling to find ways to reduce carbon footprints. A recent ULI conference in Hong Kong brought together experts across a range of disciplines to discuss the migration to net zero for both new and retrofitted buildings.
The 17th edition of the Emerging Trends in Real Estate® Asia Pacific, the regional real estate forecast jointly published by ULI and PwC, highlights a downtick in investor sentiment due to concerns over the rising cost of debt, higher inflation, and a looming global recession. A dip in regional transaction volumes is apparent, with the third-quarter deal count in the Asia Pacific falling 38 percent year-on-year to US$32.6 billion, recording the lowest third-quarter volumes for a decade in the region.
A confluence of economic and geopolitical trends is changing global supply chains and driving increased demand for industrial and logistics real estate in Southeast Asia, according to industry leaders at ULI Asia Pacific’s REImagine conference.
The 2022 ULI Asia Pacific Home Attainability Index analyzes home attainability, both for ownership and rent, in 28 cities in five countries in the Asia Pacific region including Australia, China, Japan, Singapore, and South Korea. These countries have a combined population of approximately 1.8 billion or 21 percent of the world’s population.
Kartini Omar is group director of parks development and Jurong Lake Gardens at the National Parks Board of Singapore. This interview was conducted in June as part of a series designed to celebrate park visionaries and share inspiring and practical insights into their perspectives, challenges, and advice.
The ULI Asia Pacific Summit, held in Hong Kong and livestreamed in late August, devoted considerable time to questions of climate resilience, but one panel in particular focused on building cooperative community resilience in Asia.
Singapore
Despite the monetary headwinds and continued economic uncertainty around the world, there is a strong belief that the global real estate industry is at a “pivot point,” with improving prospects ahead for renewed investment activity, according to the latest Emerging Trends in Real Estate® Global Outlook 2024 from PwC and the Urban Land Institute.
Six impressive developments from around the world have been selected as winners of the 2023 ULI Global Awards for Excellence. This year’s winners include two from North America, two from Europe, and two from Asia Pacific.
As the world’s population continues to grow, there will be a need for increased urbanization to accommodate more people. The question is how and when should urban planners decide to regenerate, when to expand and when to create new cities, for sustainable growth and development of future cities, since each approach comes with its benefits and its drawbacks.
Hong Kong
ULI Asia Pacific report builds the business case.
ULI is excited to announce the launch of Art in Place, a global cohort of the Institute’s National and District Councils working independently and together to connect artists, developers, and community voices. The program is the next step in ULI’s ongoing commitment to creative placemaking focused on the integration of art, culture, and creativity as levers of community revitalization.
Two of Asia’s leading entrepreneurs gave real estate investors a glimpse into the worlds of Web 3.0 and deep tech at the ULI Asia Pacific Summit.
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