Global investment volumes up 28%

Direct commercial investment in 2011 surged 28 percent to US$410.6 billion (S$511.19 billion), with the office sector remaining the favourite among investors, according to Jones Lang LaSalle (JLL).

EC demand remains healthy

Subscription rates for executive condominium (EC) units will remain healthy despite the bleak economic outlook, as the climate for such housing will likely stay, according to property analysts.

UCF trustees vote yes on controversial land buy

Property is slated for a teaching hospital, but critics say the price is too high University of Central Florida trustees voted unanimously Thursday to approve a controversial land purchase — 25 acres for $15.1 million in Lake Nona's Medical City.

China Services Data May Bolster Case for Policy Easing

China's fledgling services sector weakened in January as property tightening measures weighed on demand, the official purchasing managers' survey showed on Friday, reinforcing the case for policy easing to bolster economic growth.

Jones Lang LaSalle upbeat on global property market

Property consultant Jones Lang LaSalle (JLL) expects the global property market will continue to improve, led by the Asia-Pacific and North America with growth of at least 10% in terms of transaction value.