• Urban Land Institute, FGRT collaborate to showcase retail real estate’s future

    15 September 2017

    (24 August 2017, Hong Kong) The Urban Land Institute (ULI) Asia Pacific and global think tank FGRT (Fung Global Retail & Technology) are collaborating on a series of educational conferences and panels in the region, culminating with ULI’s Asia Pacific Summit in June 2018. The partnership is part of a wide-ranging initiative to showcase the future of retail real estate, encourage greater integration of technology in shopping centers and provide a platform where industry professionals can learn and share about retail and technology.

    The initiative will arrange open forums in Hong Kong, and with the same topics repeated with different panelists in other cities in the region between August 2017 and June 2018, focusing on “Retail Innovation and Its Applications to Real Estate.” The intention is for industry leaders to exchange ideas and best practices in shaping the future of retail, and after each event, a summary of top take-aways will be published on both institute’s platforms.

    The first forum will be held on Wednesday, August 30, and will focus on “The Connected Mall of the Future” – a showcase of customer-facing tech solutions available to the mall and retail owners that can revolutionize the communication and engagement with the customers. Click here for more details about the event. Other events may focus on “The Tenant of the Future,” and possible case studies on e-commerce and logistics.

    “Retail and the mall are very much alive, and developers in the Asia Pacific region in particular have been on the cutting edge of integrating the latest technology into their properties,” said Deborah Weinswig, FGRT Managing Director. “With these events, we will showcase the best practices achieved thus far so that other companies, in Asia Pacific and across the world, can learn and discover what might work from them.”

    “Everyone in retail real estate is dealing with the disruptions posed by technology,” said John Fitzgerald, CEO of ULI Asia Pacific. “FGRT is at the forefront of thought leadership on the integration of retail, technology and fashion worldwide. We believe that this collaboration will be a case where 1 plus 1 equals 3, with our members and all of the industry to benefit.”

    With offices in New York, London and Hong Kong, FGRT helps brands, investors, retailers and associated businesses define the future with its research, analysis, thought leadership and advisory services. As the think tank and knowledge bank for the Fung Group, its international team of analysts produces industry-leading research and insights, from daily updates on industry trends and events to data-rich analytical reports on disruptors. Recent reports issued by FGRT include: “Deep Dive: The US Retail Revolution Solution”; the “Retail X Factor” series and the “Deep Dive: The Mall is Not Dead” series. FGRT’s reports and analyses can be found at http://www.FungGlobalRetailTech.com and http://www.deborahweinswig.com.

     

     

     

     

     

    More Industry News
    Knight Frank launches Global House Price Index Q2 2017
    (12 September 2017, Hong Kong) Knight Frank, the independent global property consultancy, today launches the Global House Price Index* for Q2 2017. The index monitors and compares the performance of mainstream residential markets in 55 countries across the world, 11 of which are from Asia-Pacific. (中文简体版请按此)   The index rose by 5.6% on average (weighted by PPP) in the [...]
    RTI and Mindstec Committed To Strategic Partnership To Boost Global Footprints
    (5 September 2017, Hong Kong) RTI (Remote Technologies Inc.) and Mindstec were excited to announce their strategic partnership to the public on the “RTI and Mindstec Strategic Partnership Signing Ceremony” held on 4 September at Mindstec’s showroom in Hong Kong. Over 35 guests and Toby Chan, the hosting emcee who was Miss Hong Kong 2010, participated in this memorable ceremony to [...]
    CIC Publishes Guidelines on Planking Arrangement for Providing Platforms on Bamboo Scaffolds (Version 2)
    (1 September 2017, Hong Kong) The Construction Industry Council (CIC) today released the Guidelines on Planking Arrangement for Providing Working Platforms on Bamboo Scaffolds (Version 2) (Guidelines). The requirements for working platforms on bamboo scaffolds are updated with good practices to further strengthen and improve work safety on bamboo scaffolds. (中文简体版请按此) Several [...]
    JLL introduces Command Centre, a high technology-based service to improve building performance and reduce risk
    (30 August 2017, Hong Kong) Global real estate company JLL is adding to its portfolio of services with the launch of its Command Centre in Asia Pacific. The new product provides real estate owners and occupiers with advanced analytics and operational knowledge for real time, remote monitoring of buildings and facilities. The platform analyses data captured through a series of data inputs [...]
    The jewel in Central – QUEEN CENTRAL: Something Different to Offer
    (22 August 2017, Hong Kong) Savills has been appointed as sole agent for the tender sale of QUEEN CENTRAL, 338 Queen’s Road Central, Hong Kong.  The asking price is approximately HK$1.2 billion. Sheung Wan is an eclectic area not just architecturally but also socially.  Its strong desirability for property with unique characteristics brings strong demand for projects like the one [...]
    The strong take up of two major new logistics facilities helps curb warehouse vacancy rates
    (16 July 2017, Hong Kong) The sales market was again active with seven en-bloc deals over HK$200 million transacted in Q2. The largest deal was the sale of 50% of the revitalized office at 133 Wai Yip Street in Kwun Tong for HK$1 billion for investment. The sale of Hsin Chong Centre in Kwun Tong for HK$760 million also represented a rare en-bloc I/O transaction.  Meanwhile Mr. Tang Shing [...]
    Slashing infrastructure investment risk, global Coalition transform construction cost system
    (24 July 2017, Hong Kong) RICS (Royal Institution of Chartered Surveyors) and HKIS (The Hong Kong Institute of Surveyors) jointly announced a New International Construction Measurement Standards (ICMS) – A universal system that enables global comparison of construction project costs launches today.  (中文简体版请按此) Financing desperately-needed buildings and [...]
    HKIS’s 7 Key Suggestions to the New HKSAR Government On Land, Housing and Building Policies
    (20 July 2017, Hong Kong) Since the inauguration of the new HKSAR Government, its land and housing policies have been a prior concern to society. The Hong Kong Institute of Surveyors (hereafter the HKIS) made 7 key suggestions to the new Government at a press conference today, in hopes of refining the land, housing and building policies in Hong Kong, speeding up the increase in housing and [...]
    Savills Appointed as Principal Agent for the Global Tender Sale of the Iconic “Langham Place Office Tower”
    (17 July 2017, Hong Kong) Savills has been appointed by Champion REIT as the principal agent for the global tender sale of “Langham Place Office Tower”.  Located at 8 Argyle Street, this iconic commercial building is the second highest in Kowloon. Raymond Lee, CEO of Greater China, Savills who is leading the project, remarked, “the sale of such a landmark property will attract [...]