JLL stories
The edge data centre market will soar to USD $317 billion by 2026, fuelled by the rise of IoT and generative AI, marking a 107% growth.
Driven by IoT and generative AI, the global edge data centre market is set to surge to USD $317 billion by 2026, up 107% from 2020.
IBM and JLL launch global sustainability solution using Envizi technology to enhance ESG reporting and data management for commercial real estate.
Thomson Reuters has acquired e-invoicing firm Pagero in a USD $800 million deal. The deal is set to simplify compliance and boost global end-to-start efficiency in real-time tax reporting.
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, according to JLL.
A new report reveals that 85% of data centre managers in APAC believe that sustainability will significantly impact operations and decision making.
VikingCloud names Tracey Luehring as their new CFO, bringing extensive experience in financial and transformation management to drive growth strategy.
The hybrid work model is rapidly gaining popularity, prompting new office designs and technology adoption, according to a study by JLL.
Demand from luxury retailers is pushing prime CBD retail rents higher in Christchurch, where vacancies have fallen to a seven-year low.
JLL facilitated the sale of Hanam Data Center for IGIS to Macquarie Korea Infrastructure Fund, marking South Korea's first stabilised hyperscale data center transaction.
Thailand is set to capitalise on shifting supply chains over the next decade, with JLL highlighting the country's growth in manufacturing investment opportunities.
New legislation could unlock thousands more build-to-rent homes as New Zealand opens its largest such development in Auckland.
JLL boosts its data centre services in Japan by appointing Fuminiro Asaki, Masue Suzuki, and Andrew Dolan to lead its enhanced platform, meeting rising investor demand.
Cities are moving to protect residents and assets as heatwaves, floods and storms intensify, with four in five now facing climate hazards.
Demand for prime office, industrial and retail space kept rents rising in Auckland, Wellington and Christchurch in the third quarter.
Vacancies are tightening and rents rising in New Zealand’s top cities, with industrial property remaining the strongest segment this quarter.
Prime CBD office space is tightening in Auckland and Christchurch, while Wellington rents rise despite a temporary vacancy jump.
Older industrial stock is being bulldozed as occupiers demand taller, greener warehouses closer to customers, JLL says.
Industrial rents are being pushed higher by record-low vacancy, as office and retail markets in Auckland, Wellington and Christchurch tighten.
Office vacancies are set to rise as firms and staff keep embracing remote work, squeezing rents and delaying landlords’ recovery.
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