Author: Colin Galloway
Articles by Colin Galloway
- Investors Say Asia Pacific Real Estate Decoupled from Global Markets
Published on June 12, 2023 in Capital Markets
The 2023 ULI Asia Pacific Summit in Singapore brought together a panel of prominent investors to discuss how a fast-changing global macro environment is impacting Asia Pacific’s commercial real estate markets. Panelists noted that current conditions are uncharted territory for an industry conditioned by 40 years of falling interest rates and inflation.
- Investors Need More Data, Better Methodology to Assess Carbon Risk
Published on April 13, 2023 in Sustainability
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 Changing Face of the Modern Workspace
Published on October 08, 2021 in Capital Markets
Over the last 18 months, COVID-19 has affected Asia Pacific real estate markets in profound but often quite different ways. For offices, rents in some markets have taken a significant hit, but asset values remain generally resilient as banks continue to extend credit and investors resort increasingly to traditionally safe-haven asset classes. While office sector fundamentals have remained relatively stable, under the surface the pandemic is acting as catalyst for profound change.
- Bringing Greener Finance to the Asia Pacific Region
Published on April 23, 2021 in Asia Pacific
In a recent ULI webinar, a panel of experts discussed the dynamics of the Asia Pacific region's fast-growing market for environmental, social, and governance (ESG) related debt. While the growth of the green finance market regionally still lags that in Europe, the pace of adoption is picking up rapidly.
- UL Interview: ULI Asia Pacific Chairman Nicholas Brooke
Published on June 03, 2019 in Economy, Market & Trends
Reflections on a storied, globe-spanning career—and thoughts on today’s Hong Kong.
- Melbourne, Singapore Are Top Cities in Emerging Trends in Real Estate®Asia Pacific 2019
Published on November 26, 2018 in Economy, Market & Trends
Emerging Trends in Real Estate®Asia Pacific 2019, a real estate forecast jointly published by ULI and PwC, has Melbourne and Singapore as the top cities for investment in the region, followed by Sydney, Tokyo, and Osaka. The report, which is being released at a series of events across Asia over the next several weeks, provides an outlook on Asia Pacific real estate investment and development trends, real estate finance and capital markets, and trends by property sector and metropolitan area.
- A New Rental Housing Model for Asia
Published on November 26, 2018 in Capital Markets
With rising demand for small cohousing units, developers in Asia embrace the for-rent market.
- ULI Asia Case Study: Bukchon Hanok Village, Seoul
Published on June 26, 2018 in Inside ULI
Seoul’s Bukchon Hanok Village is a 600-year-old traditional settlement located in the southern part of the city that was once home to the aristocratic families of Korea’s Joseon dynasty. Although many of the area’s historic hanok homes have disappeared over the centuries, rebuilding work during the 1930s ensured some 1,200 traditional homes still exist in the area.
- Hong Kong’s Chief Executive Lays Out Solutions to Land Supply Problem
Published on June 06, 2018 in Development
Hong Kong’s land supply problem is not attributable to a lack of money, but rather is an issue of finding the physical space for development, as well as a matter of perception, said the chief executive of the Hong Kong SAR, speaking at a ULI event.
- The Philippines: Too Much of a Good Thing?
Published on June 04, 2018 in Capital Markets
A glut of liquidity in local capital markets is making life difficult for domestic and foreign investors alike.
- Beijing: How Should China Handle Redevelopment of a Historical Hutongs?
Published on May 29, 2018 in Economy, Market & Trends
A ULI Advisory Services panel was asked to focus on Beijing's Qianmen East, a 56-hectare (138 ac) hutong neighborhood, consisting of interlinked communities of low-rise courtyard homes aligned in sequence along narrow alleys.
- China: Is This Time Different?
Published on November 25, 2011 in Economy, Market & Trends
China’s real estate sector has a long track record of defying its naysayers. Land and property values have time and again faced down a raft of apocalyptic predictions as they broke one record after another. Pricing may have wobbled at times as credit dried up and speculators ran for the hills, only for sentiment to quickly reverse and lift the market to new highs. But is this time different?
- Emerging Trends in Real Estate Asia Pacific 2011 – Executive Summary
Published on January 13, 2011 in Capital Markets
Improving economic conditions across the region brought an end to declining rents and prices in most Asia Pacific countries in 2010, with some markets (such as Japan) still groping for a bottom and others (such as China) moving so fast they are sparking talk of a bubble. Read about the regional growth expectations for Asia Pacific and about important caveats to any Asia Pacific recovery.