RFP Magazine

Muraya examines Workplace Stategy and Design Evolution at Asia Office Space Congress Beijing

taroona.com@gmail.com (Super User) — Thu, 16 May 2013 06:16:56 +0000

In Beijing record high rents and low availability is driving an examination as to how the workplace has evolved and what can still change to encourage efficiency, productivity and smart spending in China today, says Muraya in the lead up to their presentation at the annual Asia Office Space Congress in Beijing on 7 June.

Muraya, a leading interior design and construction specialist that has been operating in China for 8 years, is sponsoring the Congress and will use this opportunity to discuss workplace trends and solutions in a presentation, The Modern Workplace: Perpetual Evolution.

Outsourcing Drives Global Contract Catering Market

taroona.com@gmail.com (Super User) — Fri, 12 Dec 2008 08:32:50 +0000

A new report indicates that the outsourcing is going to drive growth in the global contract catering market with Europe and the US still outsourcing more than Asia.

In their latest "Outsourcing Drives Global Contract Catering Market" Research and Markets say that In recent years, the trend of outsourcing has led to the growth of this segment, in addition to facilities management services. It views the contract catering market as a part of the global Food and Facilities services management industry. Although the contract catering industry is growing at a slower pace when compared to facilities management, reduction in foodservice subsidies and operating costs has helped accelerate the shift from self-operated to outsourced services.

Compass and Sodexo are regarded as the global leaders in the contract catering industry and together they account for around 10 percent of the total market share. Recent years have also seen the expansion of other regional centric companies such as Aramark and Elior. Recent years has seen the expansion of the contract catering industry in different sub-segments such as the healthcare, seniors and correctional facilities. Despite the corporate service sector being the largest market, new segments such as healthcare, seniors and education are expected to provide the greatest opportunity given the still relatively low level of outsourcing.

Geographically, in terms of sales, Europe and the US account for more than 60% of the market, as the rate of outsourcing is higher in comparison to the Asia Pacific region. In Europe, the western region has a more mature and developed market for foodservices outsourcing in comparison to the eastern region. The UK and France are the two largest markets for contract catering, accounting for around 45 percent of the total market revenue.

Huge Opportunities In Singapore Office Space

taroona.com@gmail.com (Super User) — Fri, 16 Nov 2012 09:02:05 +0000

As almost 150 guests filled the ante-ball room at the picturesque Fort Canning hotel in Singapore, the buzz of potential opportunities filled the air. While rents are not at their ’07 peak the government’s plans for multiple new business centres and the further expansion of the existing CBD in Marina Bay have opened up opportunities for movement and growth in the sector that will continue for years to come.

Beijing Office Market Tightest in Years

taroona.com@gmail.com (Super User) — Tue, 08 May 2012 02:24:54 +0000

Beijing Office Market Tightest in Years, say experts at Asia Office Space Congress 2012

Its bad and its not getting better was the message received at the Asia Office Space Congress held in Beijing last week as commercial real estate experts discussed the office space market in Beijing. Coming at just the right time the Congress was a huge success, says organizers, Facility Media, as the first of its kind in Beijing it brought together over 110 key players to discuss the burning issues. (Photo courtesy of CBRE)

At the panel discussion entitled ‘Experts on the Spot’, panelists from Jones Lang LaSalle, CB Richard Ellis, Cushman & Wakefield and local firm e-Commercial described of rental increases in Beijing of up to 77 percent, with some buildings now more expensive than in class A buildings in New York’s Manhattan area.

The problem is supply of grade A space. Lack of stock means what is available becomes very expensive. However some buildings have become more expensive than others – panelists attribute this to property management, which was another key topic for discussion at the one day Congress.

Hong Kong Squeeze

taroona.com@gmail.com (Super User) — Fri, 09 Mar 2012 08:35:00 +0000

In 2011 Hong Kong was tight on space. Experts had predicted it at the 2010 Office Space Congress with the brave wildly saying the prime office buildings’ rent would go up to an unprecedented HK$200 a square foot. Lack of supply and a relatively buoyant economy pushed it above that. Combined with low vacancy, Hong Kong was starting to look like a less attractive place to do business. The question organisers of the congress then posed to speakers was “What are we going to do about it?” The solution could come in a number of formats.

THE GOVERNMENT APPROACH
The first group of people that should be concerned about Hong Kong not stacking up next to regional rivals in the supply of reasonably priced and available office space is the government. So the first speaker of the day was Jimmy C.F. Leung, Director of Planning, Government of the HKSAR. His solutions in the short term were a scramble but in the longer term his revelations that preceded the Secretary for Development’s announcement later in the afternoon were exciting.

Office Space: Calling the Markets

taroona.com@gmail.com (Super User) — Tue, 09 Jun 2009 03:01:15 +0000

In times of financial crises, companies rely more and more on the advice and forecasts of the expert consultants. But how much can their advice be trusted? Are their figures fact or fiction, accurate estimates or mere shots in the dark? The RFP team investigates.

BuilTech: Bricks and Mortar

ap@rfpmagazine.com (Ash Pritchard) — Mon, 13 Jul 2009 09:36:18 +0000

Hubert Spechtenhauser, Chief Executive Officer of CommerzReal and Hans-Joachim Kuhl, Board Member, talk to Ashford Pritchard about their approach to real estate investment in Asia as they unveil their latest property in Singapore.

Bosque Residencial housing community lives up to its name

taroona.com@gmail.com (Super User) — Mon, 04 Mar 2013 05:27:53 +0000

One of the biggest affordable housing communities in North East Brazil, Bosque Residencial, is really living up to its name.
Bosque means ‘forest’ and developer EcoHouse, one of the fastest-growing real estate companies in the world, is making sure the community, built under the government’s Minha Casa, Minha Vida, (My House, My Life) programme,is also one of the greenest.

For every tree lost during clearance and construction work on the site, EcoHouse is planting two more and it is also establishing two trees - one mature and one baby Neem - for each of the 2,200 homes at Bosque Residencial.

EcoHouse Office developments are coming to Brazilian cities

taroona.com@gmail.com (Super User) — Mon, 18 Feb 2013 03:32:26 +0000

An exciting new commercial office development is being established across Brazil.

The first of the Office brand of serviced business accommodation from EcoHouse, one of the world’s fastest growing developers, is Office Paulista, in São Paulo.

And more Office developments – all in class-AA locations in major cities across the country – are quickly set to follow.

EcoHouse’s Office developments provide the highest-quality business accommodation along with a complete range of associated services that local, national and international companies require.

CoreNet Global Asia Summit 2012

taroona.com@gmail.com (Super User) — Mon, 12 Mar 2012 00:36:44 +0000

Ahead of the CoreNet Global Asia Summit that will be held on March 27-29 in Singapore, RFP asked keynote speaker and economist Jonathan Pain for his thoughts on the macro-economic environment and commercial real estate market over the next 12 months.

With this year’s CoreNet Global Summit focusing on the impact that the volatile economic climate is having on the CRE sector in Asia, Jonathan who is a director of JP Consulting NSW Pty Ltd. and the author of the widely read investment newsletter The Pain Report, is due to deliver a presentation entitled “The Global Economy: Emerging Markets and the Changing Balance of Power.”

As part of the run up to the event, we caught up with him to get his views on the state of the financial markets and the world economy, as well as his perspective on the relationship between macro-economics and real estate.

Jonathan Pain,

Director,

JP Consulting NSW Pty Ltd.

To what extent do you think there is a link between the macroeconomic environment and real estate?

There is a close link, in my view, between the macro environment and real estate in respect of the ‘feedback loops’ and multiplier effects between interest rates, business confidence, consumer confidence and economic growth and its impact upon the real estate markets. To invest, entrepreneurs require confidence. To consume and purchase individuals need a positive outlook on their employment prospects and the economy in general.

Corporate Connections

taroona.com@gmail.com (Super User) — Wed, 02 Jun 2010 06:19:55 +0000

{jcomments off}John Forrest flaunts 16 years of experience within the transactions, project management and facilities management disciplines among others. He now heads JLL’s Corporate Solutions arm with the largest market share in the region.