Savills has appointed Neil Brookes as Executive Managing Director for Asia Pacific Capital Markets, based in Singapore. Mr. Brookes brings over 20 years of experience and has personally brokered more than $15 billion in cross-border deals. The firm is focusing its efforts on connecting international capital with high-growth specialist sectors, including Living and Data Centres.
Marriott International, Inc. has announced an agreement with Pacifica Hotels G.K. to introduce its midscale brand, City Express by Marriott, to Japan. The deal involves converting two existing hotels in Osaka, which are scheduled to reopen in 2026. The two properties will be named City Express by Marriott Osaka Namba South and City Express by Marriott Osaka Shin-Imamiya. The collaboration with Pacifica Hotels and AB Capital aims to capitalise on rising hotel rates and strong demand for quality, value-driven accommodation in Osaka. The properties are strategically located near major transit hubs for seamless travel across the Kansai region.
Maersk has officially opened its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), which substantially increases its warehouse capacity in Malaysia. The facility spans nearly 180,000 square metres and offers 100,000 pallet positions for multi-client use, handling commodities like consumer goods and apparel. The site features state-of-the-art automation systems, including Autonomous Mobile Robots and an Automated Storage and Retrieval System, to ensure fast, accurate order fulfilment. The development aligns with Malaysia’s Logistics and Trade Facilitation Masterplan, aiming to establish the nation as the ‘Logistics Gateway to Asia’.
Radisson Hotel Group has signed Atiara Ubud Bali, A Radisson Collection Resort, marking the entry of its luxury lifestyle brand into Indonesia, with the property set to open in 2027.
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.
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