HONG KONG: Goodman Group, one of the world's largest logistics operators, expects to see revenues from offshore increase to 60% of the group's total, helped by rapid investments in China, Hong Kong and Japan.

SHANGHAI: The hotel markets in five major cities of Greater China have experienced the start of recovery since last year with room rates rising and occupancy growing, according to Knight Frank. It predicts the outlook will continue to improve.

Could someone please tell me what the price of our built heritage is as opposed to, say, the price of fish or vegetables in our wet markets? After all, to many owners it is a mere commodity for sale at the right price. Does it go up like fish during the monsoon season or when the trawler owners go on strike because they have lost their subsidy for diesel?

THESSALONIKI: Greece last Sunday, Sept 11 slapped a new tax on real estate to plug a 2011 budget hole, please international lenders and secure a key new loan tranche as concerns mounted in Europe over its eurozone membership.

Marc Townsend, managing director of CB Richard Ellis (CBRE) Vietnam has been in the country for eight years and has seen at least two major real-estate cycles. It’s now entering the third.

KL-Kepong Country Homes Sdn Bhd, a wholly-owned subsidiary of Kuala Lumpur Kepong Bhd (KLK), hopes to gain a foothold in property development with its newly launched township in Sungai Buloh called Bandar Seri Coalfields. The 1,000-acre freehold project is its single-largest to date with a gross development value (GDV) of about RM3.7 billion.

We just fell in love with the location. The lake view and surroundings  impressed us so much that we decided to buy the land even though we weren’t considering Cyberjaya when we started looking for land at the time,” Tim Development & Construction Sdn Bhd manager Yap Lai Yee tells City & Country.

KUALA LUMPUR: Tune Hotels said it will be investing about RM2 million to RM3 million on green technology for each of its
hotel in the next two to three years. Its Group Chief Executive Officer Mark Lankester said the move is expected
to help the company reduce 30 to 40 per cent of its existing operating cost for the next three to four years.

KUALA LUMPUR: The oft-used adage for any property development is “location, location, location” which certainly describes Hijauan on Cavenagh, Selangor Dredging Bhd’s (SDB) latest Singaporean residential offering. Hijauan, which means “greenery” in the Malay language, is situated a mere five-minute walk from the famed Orchard Road.

CANBERRA (Australia): The latest Australia Housing Industry Association (HIA) Housing to 2020 report has estimated that the country will require 1.6 million homes over the next nine years. It may face a critical housing shortage by 2020 if the current rate of supply does not pick up.