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Colombo Property Market Monitor - 3Q2020
COVID-19 reshaping the Sri Lankan Real Estate Market: Impact & Outlook
JLL hires Chief Product Officer to lead JLL Technologies
Asia learned the hard way on how to address “sick-building syndrome” so now the rest of the world doesn’t have to
Recent deals show how key players in real estate investment are reshaping their portfolios
Falling retail rents in some of Hong Kong’s premier districts have made way for spaces where shoppers can do more than just buy: they can play first.
Beyond the Rebound: The New Asia Pacific Real Estate Cycle
Companies are launching a growing range of initiatives to show employees they care about their health and wellbeing
While the global pandemic was dominating headlines in 2020, airports were getting a makeover and investment funds were taken to task over climate change
Shopping, work, travel: In a turbulent year, commercial real estate was at the center of big changes
In a year filled with uncertainty, the answers could help shape the months to come
Recent developments are providing markets with optimism, although the next six months are key for real estate
Small-scale projects such as road upgrades attract investment for immediate economic boost
A landmark survey shows flexible policies will endure post pandemic, pushing companies to reshape offices for a modern workforce
Cold storage boxes and freezer farms are only part of the picture
As companies embrace more flexible ways of working and workplaces evolve to become more experience-oriented, tech-enabled and data-driven, it’s giving rise to new job roles
With women leaving in droves, there’s an increasing focus on flexible work policies
Psychological and physical safety needs are driving new design theories
Certifications ranking health in office buildings are cropping up in major real estate markets as COVID raises the stakes on employee wellbeing
How health concerns and cost savings are making long-term changes to the business trip
How COVID-19 has increased interest in air quality testing
For the first time in tourism research, WTTC and JLL have teamed up to look at current status and concentration, and the leisure/business mix paired with both a look at urban readiness and policy engagement of the cities, to determine the best path forward to future success in travel and tourism.
Hotels in big city centres are pulling all the stops for a slice of the domestic traveller market
Tech companies growing at a rapid pace are helping transform offices, logistics and data centers
Quarterly real estate update for greater Colombo and a snapshot of the Sri Lankan economic performance for the period.
Sri Lanka, the fabled ‘Pearl of the Indian Ocean’, with a total population approaching 21.0 million people is creating wealth steadily, and is transitioning to join the ranks of higher middle-income countries from the previous lower middle-income category.
The global pandemic Covid-19 has undeniably impacted the short-term economic growth, bringing vexation to the Real Estate sector in Sri Lanka. The report focuses on the practical challenges faced by real estate asset classes and outlook on how they will adapt to the ‘new normal’ while encountering re-entry to the market.
This updated report looks at the lessons from China, the global policy response and the practical challenges businesses will face for re-entry, as well as capital market implications and sector-specific impact.
Comprehensive update on CRE market for Colombo
Quick overview of Office, Residential and Retail Market of Colombo
The beginning of a new workspace culture
Sri Lanka is now in the midst of a promising period of rapid economic growth and social development, driven largely by investments into infrastructure across the country as well as continued growth in the services sector, which now contributes 58% of the country’s GDP.