Mark Cooper

Mark Cooper is senior director, thought leadership, ULI Asia Pacific and a freelance journalist based in Hong Kong.

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.
The development of megacities will characterize the next evolution of urbanization, global strategist and author Parag Khanna told those attending the 2016 ULI Asia Pacific Summit in Shanghai in June.
Real estate and transportation are increasingly becoming interconnected, Rob Speyer, president and chief executive of Tishman Speyer, told those attending the ULI Asia Pacific Summit in Shanghai this past June.
China’s “Belt and Road” development strategy must become a world initiative in order to truly succeed, says Vincent Lo, chairman of Shui On Land.
Eighteen months after its launch in Hong Kong, Blueprint, Swire Properties’ coworking platform, has launched dozens of technology firms and shed light on the economics of short-term memberships as a new form of leasing.
Panelists at the recent ULI Japan Conference in Tokyo said that even a mature market such as Japan offers significant opportunities, due to a program of public/private partnerships designed to ease the burden on the state, but a $1 trillion “infrastructure gap” exists worldwide.
Mitigating the population issues facing Japan, and further developing its cities to meet the demands of the future, were discussed by panelists at the recent ULI Japan Spring Conference in Tokyo. Takeshi Natsuno, professor at the Keio University school of media and governance, said Japan’s government should cease spending in areas without a certain density of population.
Japan welcomed just under 20 million visitors last year and is targeting 40 million arrivals by 2020, the year Tokyo holds the Summer Olympics. ULI members attending the event at the Tokyo Midtown conference center heard that the Japanese government is having trouble keeping up with the pace of change in the tourism industry. For example, due to licensing requirements, 99 percent of Airbnb apartment owners in Japan are breaking the law.
With small floor plates and soaring heights, new developments in New York City and other global gateways appeal to luxury buyers.
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