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Australian hotel expectations to be revised as COVID-19 'casts a shadow' over Asia Pacific markets - CBRE

A relatively strong performance by the Asia Pacific hotel market in the second half of 2019 has been overshadowed by the ongoing impact of COVID-19 at the beginning of this year, CBRE says.

National

Markets

Urban Rest rebounding with self-isolation package

Corporate accommodation provider Urban Rest has managed to turn around a decline in occupancy through targeting self-isolating guests.

National

Markets

Foreign investments to come under greater scrutiny

The federal government has announced temporary changes to the foreign investment review framework as part of a series of measures designed to protect Australia's economy from the impact of COVID-19.

News Roundup

https://www.therealestateconversation.com.au/news/2020/03/19/why-property-stands-sturdy-coronavirus-smashes-stock-markets/1584590231

Why property stands sturdy as Coronavirus smashes stock markets

History has shown when there are corrections in global stock markets, Australian property becomes a port in the storm.

The Real Estate Conversation

https://www.commo.com.au/news/2020/03/19/neighbourhood-centres-demonstrating-resilience-challenging-retail-landscape-savills

Neighbourhood centres demonstrating resilience in 'challenging' retail landscape - Savills

Savills Retail Market Quarter Time Q4 2019 report has revealed that while the landscape in Australia remains challenging, there had been an emergence of private investors and syndicates targeting neighbourhood shopping centres.

COMMO.

https://www.retalkasia.com/news/2020/03/18/pandemic-expected-have-somewhat-short-lived-impact-us-commercial-market-cbre

Pandemic expected to have 'somewhat short-lived' impact on US commercial market - CBRE

With the US Federal Reserve cutting short-term interest rates by 100 basis points this week, CBRE examines the impact of the coronavirus pandemic on the US commercial market.

RETalk Asia

https://www.therealestateconversation.com.au/news/2020/03/18/brisbanes-grandest-home-windermere-sold-ascot-record-over-13m/1584478416

Brisbane's grandest home Windermere sold for Ascot record over $13m

Windermere is one of Australia's best homes in Brisbane's best street Sutherland Avenue sold for in excess of $13 million through agents Matt Lancashire and Hamish Bowman Ray White New Farm.

The Real Estate Conversation

https://www.therealestateconversation.com.au/news/2020/03/16/what-state-emergency-means-victorian-real-estate/1584314840

What a State of Emergency means for Victorian real estate

This morning a state of emergency was called by the Victorian Premier, Daniel Andrews but what does this mean for real estate in the state?

The Real Estate Conversation

https://www.retalkasia.com/news/2020/03/13/tokyo-home-most-uhnwi-while-beijing-leads-investment-volume-report/1584056698

Tokyo home to most UHNWI while Beijing leads investment volume- report

Asia has received strong representation in the Knight Frank Global Cities Index, which has been released as part of the Wealth Report 2020.

RETalk Asia