Real estate stories
New guidance from OFSI, effective May 2025, will require UK letting agents to monitor financial sanctions breaches, impacting 2.9 million rental homes.
Burges Salmon has guided Tritax Big Box in a joint venture to enhance power delivery for a substantial new data centre at Heathrow, valued at GBP £5 billion.
Gary Winter from Parcel Pending predicts a surge in out-of-home delivery solutions by 2025, driven by rising demand and evolving consumer preferences.
A recent Binance New Zealand survey reveals 70% of Kiwis favour cryptocurrency as a long-term investment, eclipsing traditional assets like stocks and real estate.
Fit out costs are on the rise across APAC, with Tokyo maintaining its position as the priciest city at USD $195 per square foot, according to Cushman & Wakefield.
Gallabox has secured USD $3.5 million in seed funding to enhance its AI-driven WhatsApp tools, aiming to transform communication for small and medium enterprises.
JLL has expanded its Asia Pacific data centre capital markets platform, appointing Luke Jackson and Bob Tan as regional co-heads to enhance investor services.
James Cameron has been appointed Head of Energy & Infrastructure for Asia Pacific at JLL, driving the firm's expansion in the region from Singapore.
Twilio has honoured 16 startups at the 2024 AI Startup Searchlight Awards for their innovative use of Twilio's tools to enhance customer engagement.
Geospatial technology firm DAS has launched a groundbreaking 3D mapping solution aimed at enhancing visualization of land for rural and regional property markets.
Yubico's Geoff Schomburgk calls for broader protections under Australia's Scam Prevention Framework Bill, highlighting significant security gaps across various industries.
NFTs are evolving beyond digital art, impacting sectors like music and finance, and offering unique opportunities for ownership in the digital future.
CapitaLand is investing over USD $700 million in a new data centre in Osaka, Japan, expanding its portfolio to meet rising digital demand.
Non-bank lender Bridgit has expanded its distribution team with the appointment of five Business Development Managers to meet rising business demand.
Harvey Norman reports a turnaround with a profit of NZD 9.86 million for the year despite a 10.4% fall in revenue to NZD 62.04 million.
Litera has acquired Office & Dragons to enhance its legal tech offerings, leveraging automation and AI to improve document workflows for legal professionals.
India's data centre capacity is set to soar by 66% by 2026, with an addition of 604 MW, driven by AI advancements and extensive 5G rollout.
JLL Thailand has brokered a major real estate deal on Bangna-Trat Road, signalling the nation's evolving role as a digital infrastructure hub.
Wayfinder has launched WayGPT, an AI tool set to revolutionise Australia's real estate sector by enhancing agent performance and operational efficiency.
The Real Estate Authority has published guidance for real estate professionals on the responsible use of generative AI, stressing accountability for service delivery.