To keep pace with changing transportation and working modes, the built environment needs to have adaptability from the ground up. That was the argument made by panelists from the worlds of design, development, and corporate real estate when they discussed themes of resilience, flexibility, and livability of urban space at the ULI Asia Pacific Summit 2017 in Singapore.
Logistics property developer GLP is taking advantage of new technologies to increase efficiency for its tenants. Chief executive officer Ming Mei told attendees at the ULI Asia Pacific Summit 2017 that his firm is using big data to improve efficiency in its logistics parks in China, analyzing everything from the temperature of cold-storage trucks to site selection for logistics tenants.
This year, global investors should be keeping an eye on politics in China, Japan’s outbound investment, and the logistics sector, said a panel of senior industry figures speaking at the recent ULI Asia Pacific Summit 2017.
Big data is becoming an important part of the real estate business, said Goh Kok Huat, COO of GIC Private Limited, formerly known as the Government of Singapore Investment Corporation, speaking at the ULI 2017 Asia Pacific Summit.
Japan’s aging population is well documented, but a drain of population from provincial and rural areas to the cities has also occurred. ULI Japan’s Spring Conference, held in Tokyo’s Nihonbashi Hall, included a panel of exerts examining how real estate, technology, and the sharing economy could boost ailing areas through tourism.
Though the pace of China’s growth over recent decades meant innovation in land use often lagged the speed of development as a priority, this is changing due to a need for more sustainable and efficient development. Indeed, the country is undergoing a sea change in the way land is used, and for the better, according to experts speaking at a ULI China Mainland Event.
Dr. Cheong Koon Hean, chief executive of Singapore’s Housing & Development Board (HDB), was presented with the J.C. Nichols Prize for Visionaries in Urban Development at a January 18 ceremony at the Fullerton Hotel in Singapore.
Though next year could be a tough one for investors in Chinese real estate, the country’s economy is also more entwined with that of the rest of the world than ever before, speakers said at the 2016 ULI China Mainland Winter Meeting in Shanghai.
Though still in its infancy, the senior housing market in China has attracted the interest of major domestic institutions and foreign players alike. However, Chinese retirees’ requirements are subtly different from those of U.S. seniors, said delegates at the recent ULI Chinese Mainland Winter Meeting, held in Shanghai.
Affordable housing means many different things across the Asia Pacific region, but in every nation, the driving issue in its provision is the cost of land. That should come as no surprise; the Asian population of 4.3 billion represents 57 percent of the world total, according to United Nations data, but Asia has only 30 percent of the world’s land mass.
