Riyadh has cemented its place at the heart of Saudi Arabia’s thriving commercial property market, with prime office rents soaring by 23% over the past year, according to fresh research from a leading property consultancy. By the end of March, rents for high-end office spaces in the capital had climbed to SAR 2,700 per square metre — the highest rate recorded to date — fuelled by government initiatives such as the regional headquarters programme.
Demand across the Philippines’ office, residential, industrial and tourism property sectors continues to grow, with the country emerging as one of Asia’s more resilient markets for long-term investment.
Despite a steep fall in property prices since 2020, Hong Kong has retained its status as the most expensive city in the world to buy a home, according to Deutsche Bank’s latest global survey. The report highlights how housing affordability remains a key challenge in leading financial hubs, as high prices continue to weigh on quality of life across cities such as Hong Kong, Zurich and Singapore.
IHG Hotels & Resorts is preparing to introduce two new lifestyle-focused hotels in Jeddah’s King Abdullah Sports City, combining boutique luxury with wellness-driven hospitality.
India has emerged as the most resilient real estate market in the Asia-Pacific region, driven by solid demand across office, retail, and industrial sectors, even as traditional hubs like Greater China and Australia face weaker sentiment, according to CBRE’s latest survey.
1 Hotel Melbourne has officially opened its doors, marking the brand’s first property in Australia. Nestled along the Yarra River, the hotel blends nature-inspired design with Melbourne’s industrial heritage, featuring reclaimed materials, lush greenery, and a focus on wellness. The property includes the Bamford Wellness Spa, developed with Carole Bamford, offering natural treatments alongside an indoor pool and spa facilities.
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