Real estate stories

NFTs are evolving beyond digital art, impacting sectors like music and finance, and offering unique opportunities for ownership in the digital future.

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.

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.

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.

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.

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.

Gary Winter from Parcel Pending predicts a surge in out-of-home delivery solutions by 2025, driven by rising demand and evolving consumer preferences.

Twilio has honoured 16 startups at the 2024 AI Startup Searchlight Awards for their innovative use of Twilio's tools to enhance customer engagement.

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.

Brightcove has launched its Marketing Studio for Sales, enabling global teams to create personalised video content seamlessly and efficiently.

Neat is ramping up its operations in the Asia Pacific, responding to a surge in demand for hybrid work solutions, particularly in Singapore and India.

Attestiv has unveiled a new deepfake detection platform to help individuals and businesses tackle the rise of fake videos amid growing digital deception concerns.