Co-Written / Partner Real Estate Asia Awards 2024 opens nominations for distinctive tasks, developments Shine a highlight in your groundbreaking projects and initiatives that redefine excellence in Asian real estate. Hotel Investment Strategies CEO Ross Woods has used econometric forecasts of worldwide customer arrivals from Indonesia’s main source markets… Block71, a Singapore-based world network of entrepreneurial hubs set up and managed by the National University of Singapore enterprise, has lastly landed in Jakarta after partnering with prominent Real Estate News conglomerate Salim Group. Colliers has launched its Asia Pacific Market Snapshot for the first quarter of 2020, detailing the influence of COVID-19 throughout all sectors of Indonesia’s property market. Hotel Investment Strategies CEO Ross Woods expects Indonesia’s luxury accommodation suppliers to withstand the current pressures being positioned on the nation’s tourism trade on account of COVID-19.

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• Adopting sustainable practices requires a shift in mindset and operations, nevertheless it additionally opens up entry to various incentives and certifications, similar to LEED .
• However, it has made a reasonably fast restoration compared to different real estate markets in the world, with demand gaining momentum.
• Meanwhile, continuing weak demand for condominiums in Jakarta exhibits that potential patrons, particularly particular person buyers, are still cautious of their shopping for selections.