2017: Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year

Size: px
Start display at page:

Download "2017: Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year"

Transcription

1 CTBUH Year in Review: Tall Trends of : Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year Abstract The Tall Building Year in Review / Tall Buildings in Numbers data analysis report shows that more buildings of meters height or greater were completed in than in any other year, with a total of completions. Notably, was also the most geographically diverse year in terms of the number of cities and countries that completed -meter-plus buildings, with cities across countries represented in the data, up from cities across countries in. The report covers other statistical highlights of and predicts completions for. Keywords:, Completions, Height, Statistics, Skyscrapers, Urbanization Figure. Tallest in : Ping An Finance Center, Shenzhen, meters. Tim Griffith for KPF Figure. st-tallest in : Shahar Tower, Givatayim, meters. Assaf Pinchuk The Council on Tall Buildings and Urban Habitat Year in Review report

2 Buildings Meters or Taller Completed Each Year from to,,,, Number of buildings m+ completed each year Total Number of -meter-plus Buildings in Existence at Decade s end from to,,,,, Number of m+ buildings Number of supertalls ( m+) Number of megatalls ( m+) Projected number of m+ buildings Projected number of supertalls ( m+) Projected number of megatalls ( m+) Notes:. We can predict building completions with some accuracy due to projects now in advanced construction. A range is given to indicate the challenging factors in predicting building completion dates.. Totals after take into account the destruction of the World Trade Center Towers and. Figure. Number of -meter-plus buildings completed each year from to, with projections through. More buildings of meters height or greater were completed in than in any other year, with a total of completions, marking the fourth consecutive recordbreaking year (see Figure ). This is an increase of percent from, when only buildings of meters or more were completed. The total number of -meter buildings in the world is now,, an increase of. percent from, and a percent increase from, when only existed. The total sum of heights that is, if the heights of all completions in were added together was, meters, making the tallest year ever. Notably, was also the most geographically diverse year in terms of the number of cities and countries that completed -meter-plus buildings, with cities across countries represented in the data, up from cities across countries in. High-rise construction is no longer confined to a select few financial and business centers, but rather is becoming the accepted global model for densification, as more than one million people on our planet urbanize each week. Thirteen cities saw their first -meterplus high-rise completion in, in addition to the cities and eight countries that saw their tallest building completed this year. Once again, for the th time in a row, China completed the greatest number of -meter-plus buildings in (see Figure ), with completions for percent of the total. Although this is a slight decrease from, when China completed such buildings, or percent of the global total, China is still by far the world leader in skyscraper construction. In fact, the city with the most -meter-plus building completions, Shenzhen, China, finished buildings, or. percent of the year s global The Council on Tall Buildings and Urban Habitat Year in Review report

3 Number, China, USA, South Korea Note: Two or fewer tall buildings m+ in height were also completed during in these countries: Australia, Israel, Japan, Panama, Saudi Arabia, Singapore, Thailand, Colombia, Kenya, Mexico, Qatar, Sri Lanka Total Number (Total = ) Sum of Heights (Total =, m) Total Number of Countries =, Canada, Indonesia, UAE, Turkey North Korea Malaysia India Philippines,,,, Sum of Heights (m) total, and more than any other country on the list, except China (see Figures & ). This is the second year that Shenzhen was the city with the most -meter-plus completions in the world. It s the third year in a row in which the tallest building to complete in that year is in China. That building, Ping An Finance Center, also happens to be in Shenzhen (see Figure ). The United States completed the secondgreatest number of -meter-plus buildings of any country, with buildings finished in. Figure. Buildings meters or taller completed in by country. Key Worldwide Market Snapshots of Number,,,, Note: Two or fewer tall buildings m+ in height were also completed during in these cities: Nanchang, Bangkok, Chicago, Chongqing, Dongguan, Guangzhou, Hefei, Melbourne, Nanjing, Panama City, Riyadh, Shenyang, Singapore, Tokyo, Xi an, Zhengzhou, Abu Dhabi, Baoji, Beijing, Calgary, Cartagena, Colombo, Dalian, Doha, Foshan, Fuzhou, Giv'atayim, Hong Kong, Houston, Huizhou, Izmir, Johor Bahru, Lanzhou, Lianyungang, Liuzhou, Los Angeles, Nairobi, Nantong, Philadelphia, San Pedro Garza Garcia, Sanya, Seattle, Suzhou, Tel Aviv, Tianjin, Xiamen, Xuzhou, Yantai, Yinchuan, Zhanjiang, Zhuhai,, Total Number (Total = ) Sum of Heights (Total =, m) Total Number of Cities =,,,,,,, Sum of Heights (m) Asia (Not including Middle East) While may have been the most geographically diverse year for -meterplus building completions, Asia retained its status as the world s skyscraper epicenter, completing buildings of at least meters in height, representing percent of the total. This marks a small decline from the percent share it held in, and is in line with China s slight decline in total completion share (see Figure ). The top two cities, Shenzhen and Nanning, are in China, with Jakarta, Indonesia and Chengdu, China, tied for third place with five completions each (see Figure ). Shenzhen Nanning Jakarta Chengdu Changsha Wuhan Busan Pyongyang Toronto New York City Figure. Buildings meters or taller completed in by city. Dubai Seoul Istanbul Shanghai Hangzhou Mumbai Makati Kuala Lumpur Surprisingly, Pyongyang, North Korea, tied for sixth place with four buildings of meters or greater completed in, after having completed no buildings over meters in. Seoul, South Korea completed three -meter-plus buildings, including Lotte World Tower, a -meter mixed-use building the city s first supertall, or building of meters or higher (see Case Study, p. and Figure ). Mumbai completed its new tallest building (as well as India s), One Avighna Park, at meters. Two other -meter-plus buildings completed in the coastal city in. Sri Lanka also completed its new tallest building, the Grand Hyatt Colombo, which rises to meters. Figure. Second-Tallest in : Lotte World Tower, Seoul, meters. Tim Griffith for KPF Middle East and Africa The Middle East had nine completions in, representing. percent of the global The Council on Tall Buildings and Urban Habitat Year in Review report

4 Yearly -meter-plus Tall Building Completions, By Region/Country China China Europe China Current Total: Europe Figure. Third-Tallest in : Marina, Dubai, meters. Lester Ali total, down from completions in (see Figure ). Dubai saw three completions in, and all were supertall the tallest of which, Marina, now holds the title of th tallest building in the world at Middle East meters (see Figure ). Dubai also completed the third, fourth, and fifth-tallest buildings of the China year. A fourth building in Abu Dhabi brings the United Arab Emirates total to four. Israel and Saudi Arabia tied with two -meter-plus Middle completions, East with Qatar marking one. Middle East Current Total: Europe Current Total: North America Current Total: Figure. Number of -meter-plus tall buildings completed by region/country since. Africa completed its second -meter-plus building, Britam Tower, which is both Kenya s and its capital Nairobi s first (see Figure ). Due to rapid population growth, we expect to see more completions in Africa in the coming North years. America North America (includes Central America) North America more than doubled its record with tall building completions in, for a global share of. percent (see North EuropeAmerica Figure ). This was reflected both in the United States, which saw completions in, and Canada, which completed five buildings of meters or greater height. USA The Council on Tall Buildings and Urban Habitat Year in Review report

5 Figure. th-tallest in : Britam Tower, Nairobi, meters. Johan Smith Figure. th-tallest in : Torre KOI, San Pedro Garza Garcia, meters. IDEI Figure. Sixth-Tallest in : Wilshire Grand Center, Los Angeles, meters. AC Martin Toronto alone notably represented percent of Canada s tall building completions this year, as the city experiences an ongoing boom in high-rise construction. While not yet completed, Toronto s first supertall named The One broke ground in late. Toronto rose significantly in this year s rankings compared to, with four completions, up from zero. In the United States, New York completed four -meter-plus buildings, while two completed in Chicago. Los Angeles completed one building of -plus-meters, the Wilshire Grand Center (see Figure ), which is now the city s tallest at meters. Mexico completed its tallest building, Torre KOI, a -meter mixed-use tower in San Pedro Garza Garcia, just south of Monterrey (see Figure ). This marks the second year in a row that Mexico has crowned a new tallest building. Meanwhile, Panama City added two completions to its disproportionately large collection of high-rises, about % of which are residential. South America Only one tall building of meters or greater completed in in South America the Hotel Estelar Bocagrande in Cartagena, Colombia, at meters. This is an increase for the continent, however, which had no such completions in. Europe Europe doubled its output with four buildings of at least meters in height, all of which were in Turkey three in Istanbul and one in Izmir (see Figure ). This is big news for Turkey, which had zero such completions in. Skyland Towers, at meters, became Istanbul s tallest and Europe s seventh-tallest buildings. Australia and Oceania Two tall buildings of meters or greater completed in this region in, down from three in. Both were in Melbourne, Australia, and both were residential. As was emphasized during the CTBUH Conference (see Journal, Issue IV), Australia is amidst a building boom and is rapidly becoming one of the world s most urbanized nations. Completions by Function The functional share of tall buildings in proved to be among the most interesting discoveries in the study, as the data showed a large shift from all-office and mixed-use function to all-residential towers (see Figure ). Buildings with all-residential functions spiked to completions, or percent of the total, up from just, or % of the total last year. At the same time, all-office building completions fell to, or percent of the total, compared to, or percent of completions in. Of all the pure-office buildings completed,, or.%, were in China. Completions by Material Of the buildings of meters or greater height completed in,, or percent, used concrete as the main structural material; while, or percent, used a composite of steel and concrete (see Figure ). The significant use of concrete can be attributed to a combination of concrete s relative ubiquity and lower cost in many regions, as well as its comparative simplicity in construction, which would increase its appeal in regions with lowerskilled labor pools. In, two buildings had all-steel construction, consistent with the figure. As of this writing, there were only seventeen -meter-plus buildings currently under construction that employed all-steel structural systems. Average Height The average height of -meter-plus buildings completed in was The Council on Tall Buildings and Urban Habitat Year in Review report

6 Australia (.%) Cental America (.%) Europe (.%) Middle East (.%) Africa (.%) South America (.%) Hotel (.%) Mixed (.%) Steel (.%) North America (.%) Mixed-Use (.%) Office (.%) Asia (.%) Composite (.%) Concrete (.%) Residential (%) Figure. Buildings meters or taller completed in by region. Figure. Buildings meters or taller completed in by function. Figure. Buildings meters or taller completed in by structural material. meters, up from meters in. The average height of the World s Tallest Buildings continues to climb, hitting meters in, up from meters in. Meanwhile, the average height of the tallest meter-plus completions in has hit a new record high of meters, up from meters in. Supertall Completions A total of supertalls (buildings of meters or higher) were completed in, tying with, the first year to break this record. The total number of supertall buildings worldwide is now, up from in. This fact is even more extraordinary, considering that much of the activity has been in the past few years. The figure represents a % increase in just four years. In, there were buildings meters or higher; in, only. The World s Tallest Buildings: Impact of (refer to pages ) The geographical profile of the World s Tallest Buildings did not sustain as much change over the past year as that of the overall -meter-plus population. Of the World s Tallest Buildings, were in Asia, a figure unchanged from. Twenty-six were in the Middle East, up from the previous year. North America has of the buildings on the list. Europe s figure dropped from five in to four in. Mixed-use continues to dominate the functional mix of the tallest buildings, with buildings, an increase from in. Meanwhile, office functions take a slightly lower share in, with buildings, down from in and equal to the figure. Residential and hotel functions have shrunk as a proportion once again, with and five buildings, respectively, down from and seven in. As in previous recent years, composite construction, in which a combination of steel and concrete components is used in the main structural elements, represents the majority of structural approaches to the Tallest list, with of the buildings being of composite construction, the same as in. All-concrete buildings decreased by one to from in. The number of all-steel buildings in the Tallest list remains at in, as it was in. Those buildings reported as being of mixed construction, in which distinct sections of the buildings are predominantly steel or concrete, increased to five in, from four in. Two new additions also joined to the list of the World s Tallest Buildings in (see Figure ) the fourth and fifth tallest, Ping An Finance Center in Shenzhen (see Figure ) and Lotte World Tower in Seoul (see Figure ), respectively. Ping An Finance Center rises meters, while Lotte World Tower reaches a pinnacle of meters. The completion of these two towers resulted in Petronas Twin Towers, Kuala Lumpur, being removed from the World s Tallest Buildings list. This is especially significant, given that upon completion in, the CTBUH certified the Petronas Twin Towers as the World s Tallest Buildings ahead of the Figure. th-tallest in : West, New York City, meters. Lester Ali The Council on Tall Buildings and Urban Habitat Year in Review report

7 The Tallest Buildings Completed in Ping An Finance Center Shenzhen, China meters (, ft) Lotte World Tower Seoul, South Korea meters (, ft) Marina Dubai, United Arab Emirates meters (, ft) The Address Boulevard Dubai, United Arab Emirates meters (, ft) Ahmed Abdul Rahim Al Attar Tower Dubai, United Arab Emirates meters (, ft) Wilshire Grand Center Los Angeles, United States meters (, ft) Yuexiu Fortune Center Tower Wuhan, China meters (, ft) Hon Kwok City Center Shenzhen, China meters (, ft) Yantai Shimao No. The Harbour Yantai, China meters (, ft) Zhuhai St. Regis Hotel & Office Tower Zhuhai, China meters ( ft) Guangxi Finance Plaza Nanning, China meters (, ft) Sinar Mas Center Shanghai, China meters (, ft) Jiuzhou International Tower Nanning, China meters (, ft) Poly Pazhou C Guangzhou, China meters (, ft) Huachuang International Plaza Tower Changsha, China meters ( ft) Jin Wan Plaza Tianjin, China meters ( ft) Shum Yip Upperhills Tower Shenzhen, China meters ( ft) China World Trade Center Phase B Beijing, China meters ( ft) Concord International Centre Chongqing, China meters ( ft) Skyland Office Tower & Skyland Residential Tower Istanbul, Turkey meters ( ft) Figure. The tallest buildings completed in. Figure. th-tallest in : The Beekman Hotel & Residences, New York City, meters. Lester Ali Figure. th-tallest in : Raffles City Hangzhou Tower, Hangzhou, meters. Hufton Crow The Council on Tall Buildings and Urban Habitat Year in Review report

8 Figure. th-tallest in : North Riverside, Chicago, meters. Tom Rossiter Photography Willis (then Sears) Tower in Chicago, to much controversy. While a total of supertalls were completed in, only entered the World s Tallest Buildings list. Thus, saw the completion of the world s first supertall building never to enter the Tallest list Huachuang International Plaza in Changsha, China. Analysis Overall, was a record-breaking year for skyscraper completions on a variety of fronts. We re once again witnessing an all-time-high for -meter-plus building completions, with this year s total increasing by % over the past decade. While the total number of tall building completions is an important metric to watch, the data on the rapid geographic diversification of -meter-plus building completions, in cities across countries, is perhaps the most telling result. In, only cities across the globe completed -meter-plus buildings the highest number on record at the time. A decade later, the number of cities represented in this report has more than tripled. A record of those cities completed their new tallest buildings in. China still leads the world in -meter-plus building completions, but the nation may start to lose its dramatic lead as other Figure. th-tallest in : Tencent Seafront Tower, Shenzhen, meters Shao Feng countries, such as India, accelerate economic and population growth. North America, which for much of the th century completed the majority of -meter-plus buildings in the world, is also beginning to see a resurgence in tall building construction. In addition, new technologies and increased international capital flows are facilitating the creation of ever-taller skyscrapers. Figure. th-tallest in : Zhuhai St. Regis Hotel & Office Tower, Zhuhai, meters. Jason Leung The data from shows a continuation of the trend towards a greater global proliferation of skyscraper construction. Most of the prevailing trends of the past few years the preponderance of construction taking place in Asia, and in particular, China; the predominance of composite construction being used to achieve greater heights and more complex designs have held steady. The Council on Tall Buildings and Urban Habitat Year in Review report

9 Figure. nd-tallest in : Madison Square Park Tower, New York City, meters. Lester Ali But a few discoveries this year are notable, if not wildly divergent. The increase in geographic diversity invites further scrutiny. Of the cities with at least one -meter-plus building completion, were in China. While not entirely surprising, nevertheless it is clear that, in addition to powerhouses like Shenzhen, there are also some smaller regional cities joining the list, such as Baoji in Shaanxi province; Yantai, in Shandong province; Lianyungang, in Jiangsu; and Yinchuan, in Ningxia. Although in many cases each of these cities has erected only a single building of meters or more in, and each of these cities has more than one million people, the term smaller regional city is relative in China, which seems to be executing on its plan to create impressive skylines and more evenly distribute people in its campaign of mass urbanization. Outside China, some infrequently-seen city names include Giv atayim, Israel (near Tel Aviv); Izmir, Turkey; Nairobi, Kenya and Pyongyang, North Korea. The reasons for this are likely as diverse as these countries are from each other; the functions span office, residential and mixed-use. The resurgence of all-residential tall buildings, against what had been an increasing trend towards a mix of functions, is also of interest. In the past, CTBUH has credited the prevalence of the mixed-use function in buildings at the upper end of the height range to a developers hedging strategy. The greater the number of functions in the building, the less likely it is that economic weakness in one sector could delay or halt the project, or result in it being unsold or unrented for prolonged periods. Skyscrapers are lagging indicators of economic trends. An investment strategy could be green-lighted under economic conditions that could change significantly throughout the construction period, which could be anywhere from two to years or more. It is tempting to speculate that we are now seeing the built results of a full-blown recovery from the economic crisis, as greater confidence in single-function programs sparks a resurgence in speculative residential development. Further, there has been growing interest over the past several years in residential real-estate investment by absentee owners as a wealth management strategy. However, market dynamics vary greatly between regions, so it s likely there are other factors to the story. Figure. th-tallest in : Rosewood Sanya and International Finance Forum, Sanya, meters. st Image Figure. th-tallest in : FMC Tower at Cira Centre South, Philadelphia, meters. Lester Ali The Council on Tall Buildings and Urban Habitat Year in Review report

10 Table : All buildings meters or taller completed in ( no.) Asia ( no.) North America ( no.) Middle East ( no.) Central America ( no.) Australia ( no.) South America ( no.) Africa ( no.) Rank Building Name Location Floors Height (m) Ping An Finance Center Shenzhen Lotte World Tower Seoul Marina Dubai The Address Boulevard Dubai Ahmed Abdul Rahim Al Attar Tower Dubai Wilshire Grand Center Los Angeles Yuexiu Fortune Center Tower Wuhan Hon Kwok City Center Shenzhen Yantai Shimao No. The Harbour Yantai Zhuhai St. Regis Hotel & Office Tower Zhuhai Guangxi Finance Plaza Nanning Sinar Mas Center Shanghai Jiuzhou International Tower Nanning Poly Pazhou C Guangzhou Huachuang International Plaza Tower Changsha Jin Wan Plaza Tianjin Shum Yip Upperhills Tower Shenzhen China World Trade Center Phase B Beijing Concord International Centre Chongqing = Skyland Office Tower Istanbul = Skyland Residential Tower Istanbul = Greenland Zhengzhou Central Plaza North Tower Zhengzhou = Greenland Zhengzhou Central Plaza South Tower Zhengzhou = Metropol Tower Istanbul Istanbul = China Resources Center Hefei Bodi Center Tower C Hangzhou Torre KOI San Pedro Garza García Victoria Dockside Hong Kong Ryomyong Street Apartment Building Pyongyang = Suning Plaza Tower A Xuzhou = One Avighna Park Mumbai Menara Astra Jakarta Vanke Chang'an Center Dongguan One Bloor Street East Toronto = Raffles City Hangzhou Tower Hangzhou = Raffles City Hangzhou Tower Hangzhou CITIC Ruibo Tower Shanghai Trump Tower At Century City Makati Banghua World Trade Center Guangzhou The Shang Salcedo Makati Shenzhen University Subway Station Tower Shenzhen = Jinmao International Plaza Tower Changsha = Jinmao International Plaza Tower Changsha Brookfield Place Tower One Calgary = The-W Busan = The-W Busan = The-W Busan = The-W Busan Tencent Seafront Tower Shenzhen = Changjiang Media Tower Wuhan = Setia Eco City - Vogue Suite One Kuala Lumpur = Sandy Federal Tower Fuzhou = Shuibei Jewelry Headquarters Tower Shenzhen = Ryomyong Street -Storey Building Pyongyang Menam Residence Bangkok = Azrieli Sarona Tel Aviv = Hunan Daily Media Center Changsha = CITIC Ruibo Tower Shanghai West New York City = Wuhan International Financial Plaza Wuhan = V on Shenton Residential Tower Singapore Madison Square Park Tower New York City Strait Pearl Plaza Xiamen Harbour Plaza Residences East Toronto Rank Building Name Location Floors Height (m) Lihe Tower Shenzhen Main at Texas Houston = Rongchao Headquarters Tower Shenzhen = China Merchants Bank Tower Nanjing Grand Hyatt Colombo Colombo Lanzhou Center Office Tower Lanzhou Elite Dos Mares Panama City Al Asmakh Tower Doha Marina One Singapore Coastal Center Shenzhen Shenyang New World Center Tower C Shenyang Harbour Plaza Residences West Toronto River Point Chicago = World Crest Mumbai = FMC Tower at Cira Centre South Philadelphia = Manhattan West New York City Optical Valley New World Center A Wuhan = Shenzhen Energy Headquarters North Tower Shenzhen = Tianxi Twin Towers Chengdu = Tianxi Twin Towers Chengdu = MARQUE Sukhumvit Bangkok Suzhou Center Plaza Suzhou North Riverside Chicago Landscape-Brilliant Center Hefei Telkom Landmark Tower Jakarta = The Altus Johor Bahru = Yintai Center Tower Chengdu = Horoy Times Square A Shenzhen = Kaisa Center Phase Huizhou = Zhanjiang Fortune Meeting Zhanjiang = Light House Melbourne = Maike Business Center Tower Xi An Evolution Tower Panama City Shenyang New World Center Tower E Shenyang = Genyuan Marriott Hotel Yinchuan = Mistral Office Tower Izmir Chancheng Greenland Center Phase Office Tower Foshan Lodha Venezia Tower A Mumbai = The Sentral Residences Tower A Kuala Lumpur = The Sentral Residences Tower B Kuala Lumpur = Greenland Center Tower Nanning = Fortune Center Residential Tower Liuzhou = Fortune Financial Centre Chongqing = SINIC Center Nanchang = Ryomyong Street -Storey Building Pyongyang FWD Tower Jakarta The Beekman Hotel & Residences New York City Horizon Skyline Garden Office Tower Shenzhen The Parkhouse Nishi Shinjuku Tower Tokyo = Huijing Center Tower Dongguan = Sunshine International Tower Lianyungang = CECIC Headquarters Nanchang Rosewood Sanya and International Finance Forum Sanya Wynn International Financial Center Xi An Akasaka Intercity AIR Tokyo = Al Rajhi Bank Tower Riyadh = Eternity District Jakarta = Infinity District Jakarta = Horizon Tower A Abu Dhabi = Harmony Square Nantong Scott Toronto Baoji IFC Baoji = Triumph One # Nanning = Triumph One # Nanning Rank Building Name Location Floors Height (m) = EQ Tower Melbourne = Hotel Estelar Bocagrande Cartagena The Shahar Tower Givatayim F Tower Seattle = Triumph One # Nanning = Triumph One # Nanning Britam Tower Nairobi = Three Central Makati = Chengdu World Financial Center Chengdu = Chengdu World Financial Center Chengdu = Nanjing Financial City Tower Nanjing = Seoul Trimage Tower I Seoul = Seoul Trimage Tower II Seoul = Ryomyong Street -Storey Building Pyongyang = Al-Obeikan Hilton Tower Hotel Riyadh = Victoria Mansion Tower Dalian Table : Projected tallest buildings in Asia Europe Middle East Rank Building Name Location Floors Height (m) Goldin Finance Tianjin China Zun Tower Beijing Lakhta Center St. Petersburg Changsha IFS Tower T Changsha Suzhou IFS Suzhou Wuhan Center Tower Wuhan China Resources Headquarters Shenzhen Capital Market Authority Tower Riyadh Nanning Logan Century Nanning Hanking Center Tower Shenzhen Projections for As indicated in Table, we expect between and buildings of meters or greater height to complete in. Between and of these buildings are predicted to be supertall ( meters or taller). This is fairly conservative, taking into consideration the total number of projects currently underway. However, as many other research organizations now do, we must also acknowledge the increasing economic and political volatility in many places around the world. Our increasingly interconnected, global industry means that disruptions to planning, design and construction of tall building projects could occur unexpectedly. As always, the most up-to-date information about the status of skyscrapers around the world can be found at the CTBUH Skyscraper Center: See Table for the tallest buildings projected to complete in. The Council on Tall Buildings and Urban Habitat Year in Review report

11 Tall Buildings in Numbers The Global Tall Building Picture: Impact of In, buildings of meters height or greater were completed. This is the fourth record-breaking year in a row, and it brings the total number of -meter-plus buildings in the world to,, marking an increase of.% from, and a % increase from, when only existed. Asia continued to be the most dominant region in terms of skyscraper construction, and China within it, as in several years previously. For more analysis of completions, see CTBUH Year in Review: Tall Trends of, pages -. World s Tallest Building Completed Each Year Starting with the year, these are the tallest buildings that have been completed globally each year. m m m m m m Two International Finance Centre m/, ft Hong Kong Kingdom Centre m/ ft Riyadh TAIPEI m/, ft Taipei Q Tower m/, ft Gold Coast Shimao International Plaza m/, ft Shanghai Rose Rayhaan by Rotana m/, ft Dubai Shanghai World Financial Center m/, ft Shanghai Trump International Hotel & Tower m/, ft Chicago Burj Khalifa m/, ft Dubai Makkah Royal Clock Tower m/, ft Mecca KK m/, ft Shenzhen One World Trade Center m/, ft New York City JW Marriott Marquis Hotel Dubai Tower m/, ft Dubai Shanghai Tower m/, ft Shanghai Guangzhou CTF Finance Centre m/, ft Guangzhou Ping An Finance Center m/, ft Shenzhen m m m m m The Average Height of the Tallest Buildings Tallest : meters The average height of the tallest buildings in existence around the world that year The average height of all -meter-plus buildings completed that year Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings Tallest : meters Average: meters Buildings,,,,, The total height of m+ buildings that completed in is a record, meters cities got a new tallest building a new record Ping An Finance Center, Shenzhen, at meters, was the tallest building to complete in. It is now the world s fourth-tallest building. The Council on Tall Buildings and Urban Habitat Year in Review report

12 World s Tallest : Analysis As the graphs below show, Asia and the Middle East continue to ascend, while the mixed-use plurality deepens, along with the rise of composite structures. tallest buildings by location tallest buildings by function tallest buildings by material North America Asia Middle East Europe Office Mixed-use Education Steel Concrete Composite South America Australia Central America Africa Hotel Residential Mixed Unknown Number of Buildings Entering the World s Tallest by Year A total of buildings made it into the global Tallest list in, an upward swing from last year, when only nine buildings entered the list. Number of buildings entering the World s Tallest Buildings List cities completed a building of meters height or greater. The average height (in meters) of the World s Tallest Buildings Huachuang International Plaza Tower, Changsha, is the only supertall ( m+) building never to enter the World s Tallest Buildings list. The Council on Tall Buildings and Urban Habitat Year in Review report

2017: Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year

2017: Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year ctbuh.org/papers Title: : Skyscraper History s Tallest, Highest- Volume, and Most Geographically Diverse Year Authors: Subjects: Architectural/Design Building Case Study Publication Date: Original Publication:

More information

Tall Trends. Market Trends. A small increase in completions marks a return to upward trends. by Daniel Safarik and Antony Wood

Tall Trends. Market Trends. A small increase in completions marks a return to upward trends. by Daniel Safarik and Antony Wood Market Trends Tall Trends A small increase in completions marks a return to upward trends. by Daniel Safarik and Antony Wood Top: Mercury City Tower ( Butyrskii Igor) Bottom Right: JW Marriott Marquis

More information

Tall trends: quantifying the skyscraper phenomenon

Tall trends: quantifying the skyscraper phenomenon Tall trends: quantifying the skyscraper phenomenon Jason Gabel 1 1 Council on Tall Buildings and Urban Habitat, 104 South Michigan Ave., Suite 620, Chicago, IL, 60603, United States Abstract. The world

More information

2016 Another Record-Breaker for Skyscraper Completions; 18 Tallest Titles Bestowed

2016 Another Record-Breaker for Skyscraper Completions; 18 Tallest Titles Bestowed CTBUH Year in Review: Tall Trends of All building data, images and drawings can be found at end Click on building names to be taken to the Skyscraper Center Another Record-Breaker for Skyscraper Completions;

More information

A Year in Review: Trends of

A Year in Review: Trends of Council on Tall Buildings and Urban Habitat S.R. Crown Hall, Illinois Institute of Technology South State Street Chicago, IL, USA CTBUH Contact: Nathaniel Hollister nhollister@ctbuh.org P: () - A Year

More information

Small Increase in Completions Marks Return to Upward Trend

Small Increase in Completions Marks Return to Upward Trend CTBUH Year in Review: Tall Trends of Small Increase in Completions Marks Return to Upward Trend Report by Daniel Safarik and Antony Wood, CTBUH Research by Marty Carver and Marshall Gerometta, CTBUH By

More information

Mainland China Real Estate Markets 2014 ULI Analysis of City Investment Prospects

Mainland China Real Estate Markets 2014 ULI Analysis of City Investment Prospects Mainland China Real Estate Markets 2014 ULI Analysis of City Investment Prospects Kenneth Rhee Chief Representative, Mainland China, for the Urban Land Institute July 9, 2014 Agenda for discussion 1. Geographic

More information

Trump International Hotel & Tower Named Tallest Building Completed in 2009; Successful Year for the American High-Rise

Trump International Hotel & Tower Named Tallest Building Completed in 2009; Successful Year for the American High-Rise Council on Tall Buildings and Urban Habitat S.R. Crown Hall, Illinois Institute of Technology South State Street Chicago, IL 1-79, USA CTBUH Contact: pthurmond@ctbuh.org P: 1 (1) 7-487 F: 1 (1) 7-8 Date:

More information

CTBUH Research Paper. Economics/Financial. The Emergence of Asian Supertalls. Paper Title: Cynthia Chan. Publication Date: 2014

CTBUH Research Paper. Economics/Financial. The Emergence of Asian Supertalls. Paper Title: Cynthia Chan. Publication Date: 2014 CTBUH Research Paper http://technicalpapers.ctbuh.org Subject: Paper Title: Author(s): Affiliation(s): Economics/Financial The Emergence of Asian Supertalls Jonathan Hsu Cynthia Chan CBRE Asia-Pacific

More information

Panel Discussion: Cities 2050: Where Will We Be? Joseph Burns, Managing Principal, Thornton Tomasetti

Panel Discussion: Cities 2050: Where Will We Be? Joseph Burns, Managing Principal, Thornton Tomasetti Panel Discussion: Cities 2050: Where Will We Be? Joseph Burns, Managing Principal, Thornton Tomasetti The future is already here. It s just not evenly distributed William Gibson, Science Fiction Writer

More information

Famous Skyscrapers Gherkin 30 St Mary Axe, also known as the Gherkin is a skyscraper in London s main financial district, completed in December 2003. It is 180 meters (591 ft) tall, with 40 floors. Its

More information

CTBUH Copyright. Tall Building Trends: 2010, 2020 and beyond. Georges Binder. Buildings & Data sa Brussels, Belgium

CTBUH Copyright. Tall Building Trends: 2010, 2020 and beyond. Georges Binder. Buildings & Data sa Brussels, Belgium Tall Building Trends: 2010, 2020 and beyond Georges Binder Managing Director, Buildings & Data sa Brussels, Belgium 1972 100th on the 100 list: 172 meters World Trade Center New York, New York, USA Minoru

More information

The Future of Skyscrapers in Melbourne: From Hyper-Density to the Uplift Principle 墨尔本摩天大楼的未来 : 从 超密度 到提 升原理

The Future of Skyscrapers in Melbourne: From Hyper-Density to the Uplift Principle 墨尔本摩天大楼的未来 : 从 超密度 到提 升原理 The Future of Skyscrapers in Melbourne: From Hyper-Density to the Uplift Principle 墨尔本摩天大楼的未来 : 从 超密度 到提 升原理 Giorgio Marfella, Lecturer, University of Melbourne Giorgio Marfella, 讲师, 墨尔本大学 2015, another

More information

OUR GLOBAL FOOTPRINT INDEPENDENT, INTERNATIONAL, COMMERCIAL, RESIDENTIAL. Locally expert, globally connected.

OUR GLOBAL FOOTPRINT INDEPENDENT, INTERNATIONAL, COMMERCIAL, RESIDENTIAL. Locally expert, globally connected. OUR GLOBAL FOOTPRINT INDEPENDENT, INTERNATIONAL, COMMERCIAL, RESIDENTIAL. Locally expert, globally connected. ABOUT THE GROUP THERE S A HUMAN ELEMENT IN THE WORLD OF PROPERTY THAT IS TOO EASILY OVERLOOKED.

More information

BRIC Spotlight Report

BRIC Spotlight Report China Real Estate: A Boom or a Bubble? April 2010 BRIC Spotlight Report Fast Facts W hile 2009 saw a global meltdown in property markets worldwide, the real estate sector in the Asian dragon painted an

More information

São Paulo has a Higher Occupancy Cost than New York.

São Paulo has a Higher Occupancy Cost than New York. 211 OFFICE SÃO PAULO OFFICE MARKET REPORT OFFICE RESEARCH REPORT CLASS A and A+ São Paulo has a Higher Occupancy Cost than New York. MARKET OVERVIEW The main highlight of 211 was the delivery of the 4,44

More information

Fantasia Holdings Group Announces 2010 Interim Results

Fantasia Holdings Group Announces 2010 Interim Results Fantasia Holdings Group Announces 2010 Interim Results Urban complexes fuel sales growth Total revenue and net profit increase 42.8% and 74.5% respectively In the first half of 2010, total sales and net

More information

Student Property Global Contacts. Connecting people & property, perfectly.

Student Property Global Contacts. Connecting people & property, perfectly. Student Property Global Contacts. Connecting people & property, perfectly. Global Contacts Europe Asia PAC James Pullan Partner, Department Head +44 207 861 5422 james.pullan@knightfrank.com Emily Fell

More information

CHINA AND HONG KONG RESIDENTIAL MARKETS. by Knight Frank and Holdways 10 December 2014

CHINA AND HONG KONG RESIDENTIAL MARKETS. by Knight Frank and Holdways 10 December 2014 CHINA AND HONG KONG RESIDENTIAL MARKETS by Knight Frank and Holdways 10 December 2014 CHINA S ECONOMY, POLICIES AND IMPACT ON DEVELOPERS Presented by Helen Liu General Manager, Beijing Holdways Information

More information

ARCASIA 36th COUNCIL MEETING ASC COUNTRY REPORT. Classic Kameo Convention Hall, Ayutthaya, Thailand Nov

ARCASIA 36th COUNCIL MEETING ASC COUNTRY REPORT. Classic Kameo Convention Hall, Ayutthaya, Thailand Nov ARCASIA 36th COUNCIL MEETING ASC COUNTRY REPORT Classic Kameo Convention Hall, Ayutthaya, Thailand Nov. 12. 2015 The Architectural Society of China (ASC) was founded in 1953. ASC joined UIA as a national

More information

Executive Summary. Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER Q / Q4 2015

Executive Summary. Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER Q / Q4 2015 Dubai House Price Index Fourth Quarter 2015 Index Points Index Points Executive Summary Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER The overall quarterly index registered a 3% decrease in Q4 2015,

More information

ARLA Members Survey of the Private Rented Sector

ARLA Members Survey of the Private Rented Sector Prepared for The Association of Residential Letting Agents ARLA Members Survey of the Private Rented Sector Second Quarter 2014 Prepared by: O M Carey Jones 5 Henshaw Lane Yeadon Leeds LS19 7RW June, 2014

More information

INTRODUCTION AND HIGHLIGHTS FINANCIAL REVIEW BUSINESS REVIEW

INTRODUCTION AND HIGHLIGHTS FINANCIAL REVIEW BUSINESS REVIEW COVER 1 AGENDA INTRODUCTION AND HIGHLIGHTS FINANCIAL REVIEW BUSINESS REVIEW Highlights Financial Review Business Review http://www.crland.com.hk/ CR Land Results 2016 2 INTRODUCTION AND HIGHLIGHTS Highlights

More information

仁恒置地集团 YANLORD LAND GROUP LIMITED. 4Q and FY 2017 Results Presentation

仁恒置地集团 YANLORD LAND GROUP LIMITED. 4Q and FY 2017 Results Presentation 仁恒置地集团 YANLORD LAND GROUP LIMITED 4Q and FY 2017 Results Presentation Yanlord 4Qand FY 2017Business Review Yanlord 4Q and FY 2017 Business Review Averagesellingprice( ASP )rosesignificantlyin4q2017tormb66,234/sqmfromrmb25,739/sqm

More information

Valuation & Advisory. Asia Pacific

Valuation & Advisory. Asia Pacific Valuation & Advisory Asia Pacific Savills is one of the largest Real Estate Advisors in the Asia Pacific, with over 23,200 staff across 58 offices. 01 Savills Valuation & Advisory Asia Pacific our history

More information

Briefing Residential leasing August 2017

Briefing Residential leasing August 2017 Savills World Research Shanghai Briefing Residential leasing August 2017 SUMMARY Image: Stanford Residences Xu Hui Strata-title apartment rents increased 3.3% in /2017 to RMB187 per sq m per month, as

More information

CHANGSHA: CONSTRUCTION CENTRAL

CHANGSHA: CONSTRUCTION CENTRAL CHANGSHA: CONSTRUCTION CENTRAL CHANGHSA: BASIC INFORMATION World Similar Rank To Urban Area Population (2010) 2,750,000 128 Taiyuan, Rome, Dakar Projection (2025) 3,725,000 123 Berlin, Seattle, Melbourne

More information

Dubai House Price Index First Quarter 2016

Dubai House Price Index First Quarter 2016 Dubai House Price Index First Quarter 2016 Index Points Index Points Executive Summary Overview DUBAI HOUSE PRICE INDEX: QUARTER ON QUARTER The overall quarterly index registered no major change in Q1

More information

Survey Prime Benchmark 1 January 2018

Survey Prime Benchmark 1 January 2018 Savills World Research Asia Pacifi c Survey Prime Benchmark 1 January 2018 savills.com.hk/research SURVEY PRIME BENCHMARK 5 39 Of Asia s Savills Asia Pacific Network Australia Adelaide Brisbane Canberra

More information

CTBUH Technical Paper

CTBUH Technical Paper CTBUH Technical Paper http://technicalpapers.ctbuh.org Subject: Paper Title: Urban Design The International Skyscraper: Observations Author(s): Binder, G.1 Affiliation(s): 1 Buildings & Data sa Publication

More information

仁恒置地集团 YANLORD LAND GROUP LIMITED. 2Q and 1H 2013 Results Presentation

仁恒置地集团 YANLORD LAND GROUP LIMITED. 2Q and 1H 2013 Results Presentation 仁恒置地集团 YANLORD LAND GROUP LIMITED 2Q and 1H 2013 Results Presentation 1 Presentation Content I. Key Financial Highlights II. Business and Operation Overview III. Outlook 2 Yanlord 2Q 2013 Business Review

More information

CTBUH Technical Paper

CTBUH Technical Paper CTBUH Technical Paper http://technicalpapers.ctbuh.org Subject: Paper Title: Urban Design The International Skyscraper: Observations Author(s): Binder, G.1 Affiliation(s): 1 Buildings & Data sa Publication

More information

KK100 A PRIVATE VIEW

KK100 A PRIVATE VIEW KK100 A PRIVATE VIEW Programme 7 DECEMBER 2011 KK100 Development 5016, Shennan East Road, Luohu Shenzhen KK100 - a Private View Hosted by Farrells The Council for Tall Buildings and Urban Habitat (CTBUH)

More information

Group Companies and Network

Group Companies and Network By business segment as of March 31, 2008 Operations in Japan Corporate Financial Services Apr. 1964 Tokyo Sales Headquarters Lending, Leasing, Other Financial Services Kinki (Osaka) Sales Headquarters

More information

Racing towards the sky

Racing towards the sky 1 of 5 1/3/2019, 12:04 PM indepth Shawn Ng / December 29, 2018 Racing towards the sky 2018 saw the completion of several skyscrapers in the country. According to The Skyscraper Center the global tall building

More information

INVESTMENT ANALYSIS Q1 2018

INVESTMENT ANALYSIS Q1 2018 INVESTMENT ANALYSIS Q1 18 Review of the previous year Global Property Guide Financial Information for the Residential Property Buyer Global Property Guide Financial Information for the Residential Property

More information

Real Estate Markets 2015 ULI Analysis of City Investment Prospects

Real Estate Markets 2015 ULI Analysis of City Investment Prospects Urban Land Institute Chinese Mainland Real Estate Markets 2015 ULI Analysis of City Investment Prospects 城市土地学会 2015 年中国大陆主要城市房地产投资前景分析 Kenneth Rhee Chief Representative, Chinese Mainland, ULI Asia Pacific

More information

Affordability 4 Years On

Affordability 4 Years On Affordability 4 Years On Measuring Affordability Levels in Abu Dhabi UAE 2018 Affordability 4 Years On 2018 Colliers International 1 Definition of Affordable Housing: The definition of affordable housing

More information

iproperty Hong Kong proudly announces partnership with Shenzhen Zunhao, Guangzhou Daily and China Post

iproperty Hong Kong proudly announces partnership with Shenzhen Zunhao, Guangzhou Daily and China Post iproperty Hong Kong proudly announces partnership with Shenzhen Zunhao, Guangzhou Daily and China Post Powerful Media Network and Innovative Marketing Solutions Facilitate Developers Step into China Market

More information

Content. Learning Outcomes

Content. Learning Outcomes Skyscrapers WRITING Content The world's tallest skyscraper, the Burj Khalifa, stands at 829.9 m tall in Dubai. This lesson will teach you the history of skyscrapers and how architecture defines a city.

More information

Discussion: Understanding the Real Estate Market in China

Discussion: Understanding the Real Estate Market in China Discussion: Understanding the Real Estate Market in China Anna Wong Federal Reserve Board of Governors HKMA/PBoC/DRC Conference: China s Real Estate Market and Implications and Economic and Financial Stability

More information

Hong Kong Prime Office Monthly Report. October 2011 RESEARCH NON-CORE DISTRICTS LEAD THE MARKET

Hong Kong Prime Office Monthly Report. October 2011 RESEARCH NON-CORE DISTRICTS LEAD THE MARKET RESEARCH October 2011 Hong Kong Prime Office Monthly Report NON-CORE DISTRICTS LEAD THE MARKET Business and investment activity slowed in Hong Kong over the past month, on the back of negative economic

More information

仁恒置地集团 YANLORD LAND GROUP LIMITED. 1Q 2017 Results Presentation

仁恒置地集团 YANLORD LAND GROUP LIMITED. 1Q 2017 Results Presentation 仁恒置地集团 YANLORD LAND GROUP LIMITED 1Q 2017 Results Presentation Yanlord1Q2017Business Review Yanlord 1Q 2017 Business Review Underscored by robust pre-sale delivery and higher ASP for units delivered during

More information

Commercial Architecture The American Mall & Postmodern mid-1970s - current

Commercial Architecture The American Mall & Postmodern mid-1970s - current Commercial Architecture The American Mall & Postmodern mid-1970s - current Postmodern Architecture can be wide-ranging and eclectic. Architecture which can be double-coded, by combining modern materials

More information

THE ANNUAL SPRING REAL

THE ANNUAL SPRING REAL The Great Housing Price Showdown Last January China s central government finally introduced measures strong enough to slow housing price increases. Speculators, developers, local governments and simple

More information

Summary of JREI Global Property Value/Rent Indices (No. 10, Apr. 2018)

Summary of JREI Global Property Value/Rent Indices (No. 10, Apr. 2018) May 29, 2018 Japan Real Estate Institute (JREI) JREI-kenkyu-madoguchi@imail.jrei.jp Summary of JREI Global Property Value/Rent Indices (No. 10, Apr. 2018) We are pleased to release a summary of the results

More information

CapitaLand Investors Day Differentiating For The Future. Presentation By Mr. Lim Ming Yan, President & Group CEO

CapitaLand Investors Day Differentiating For The Future. Presentation By Mr. Lim Ming Yan, President & Group CEO CapitaLand Investors Day Differentiating For The Future Presentation By Mr. Lim Ming Yan, President & Group CEO 19 May 2015 Disclaimer This presentation may contain forward-looking statements that involve

More information

DTZ Research. Property Times Hong Kong Q Decentralised office leasing gains pace. 16 April Contents. Authors. Contacts

DTZ Research. Property Times Hong Kong Q Decentralised office leasing gains pace. 16 April Contents. Authors. Contacts Property Times Decentralised office leasing gains pace 16 il 2013 Contents Economic Overview 2 Office 3 Retail 5 Residential 6 Investment 7 Definitions 8 Authors David Ji Head of Greater China Research

More information

HONG KONG PRIME OFFICE Monthly Report

HONG KONG PRIME OFFICE Monthly Report RESEARCH MARCH 2010 HONG KONG PRIME OFFICE Monthly Report Office market rally continues Hong Kong s economy showed further signs of recovery this past month, benefiting from a revival in regional trade,

More information

RESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES

RESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES RESIDENTIAL RESEARCH MARKET ACTIVITY REPORT FOR AUSTRALIAN CAPITAL CITIES & REGIONAL CENTRES Jun-16 Sep-16 Dec-16 Oct-16 Jan-17 Apr-17 The official cash rate target remained at 1.5 on 4 April 2017. Domestic

More information

The Texas Office Market:

The Texas Office Market: The Texas Office Market: Through the Eyes of the Sublease Market February 2017 In Millions The Texas Office Market An office market can be analyzed from many different viewpoints, but the number one rule

More information

Citizens Views and Priorities

Citizens Views and Priorities Citizens Views and Priorities Ben Page, Chief Executive, Ipsos MORI @benatipsosmori ben.page@ipsos.com IPSOS TOP CITIES Based on what you have seen yourself, or heard about from others, which three cities

More information

$62 BILLION MORE U.S. HOME SALES VOLUME IN 2016 THAN OUR CLOSEST COMPETITOR. Volume shown in billions of dollars

$62 BILLION MORE U.S. HOME SALES VOLUME IN 2016 THAN OUR CLOSEST COMPETITOR. Volume shown in billions of dollars INDUSTRY- LEADING. WORLD-CLASS SERVICE. $62 BILLION MORE U.S. HOME VOLUME IN 2016 THAN OUR CLOSEST COMPETITOR Volume shown in billions of dollars $368 Leading Real Estate Companies of the World $306 $260

More information

Hainan Airlines Branch Offices in Chinese Mainland

Hainan Airlines Branch Offices in Chinese Mainland Hainan Airlines Branch Offices in Chinese Mainland Hainan Airlines Branch Office Address Ticket Office Adress Ticket Office Phone Beijing Office Xi'an Office 3/F, Grand China Building, 2 East 3rd Ring

More information

Savills Hotels Asia Pacific

Savills Hotels Asia Pacific Savills Hotels Asia Pacific contents 01 Savills 03 02 03 sales & investment 06 valuation 07 04 05 consultancy 08 asset management 09 06 the network 10 01 savills about savills Established in 1855, Savills

More information

DBJ Tourism Management Seminar

DBJ Tourism Management Seminar DBJ Tourism Management Seminar Presentation by Mr Ronald Tay CEO, Ascott Residence Trust Management Limited 1 4 February 2015 Disclaimer This presentation may contain forward-looking statements that involve

More information

Summary of JREI Global Property Value/Rent Indices (No. 11, Oct. 2018)

Summary of JREI Global Property Value/Rent Indices (No. 11, Oct. 2018) November 29, 2018 Japan Real Estate Institute (JREI) JREI-kenkyu-madoguchi@imail.jrei.jp Summary of JREI Global Property Value/Rent Indices (No. 11, Oct. 2018) We are pleased to release a summary of the

More information

ARLA Members Survey of the Private Rented Sector

ARLA Members Survey of the Private Rented Sector Prepared for The Association of Residential Letting Agents & the ARLA Group of Buy to Let Mortgage Lenders ARLA Members Survey of the Private Rented Sector Fourth Quarter 2010 Prepared by: O M Carey Jones

More information

Property. Mashreq. Economic Overview. Wealth Gauge

Property. Mashreq. Economic Overview. Wealth Gauge Wealth Gauge Volume 23 November 2015 Economic Overview In spite of the dip in Global Oil prices the GDP for 2015 grew at 3.5. The UAE economic growth is expected to slow down and grow at 2.9 in 2016 driven

More information

The Corcoran Report 3Q17 MANHATTAN

The Corcoran Report 3Q17 MANHATTAN The Corcoran Report 3Q17 MANHATTAN Contents Third Quarter 2017 4/7 12/23 3 Overview 8 9 10 Market Wide 11 Luxury 24 4 Sales / Days on Market 5 Inventory / Months of Supply 6 7 Market Share Resale Co-ops

More information

PROPERTY ANNUAL REPORT

PROPERTY ANNUAL REPORT PROPERTY 6 ANNUAL REPORT 2001 Review of Operations Property 2001 2000 HK$M HK$M Gross rental income derived from Offices 2,261 2,251 Retail 2,144 1,989 Residential 348 372 Other income 75 80 Property investment

More information

G A T E S A V E N U E

G A T E S A V E N U E 1010-1012 G A T E S A V E N U E B R O O K L Y N, N Y C O N F I D E N T I A L I T Y & C O N D I T I O N S NKF Capital Markets, a division of Newmark & Company Real Estate Inc. d/b/a Newmark Knight Frank

More information

Y2015 Final Results KERRY PROPERTIES LIMITED 嘉里建設有限公司. 18 March 2016

Y2015 Final Results KERRY PROPERTIES LIMITED 嘉里建設有限公司. 18 March 2016 Y2015 Final Results KERRY PROPERTIES LIMITED 嘉里建設有限公司 18 March 2016 1 Disclaimer The information in this presentation is for personal, non-commercial reference and general information purposes only and

More information

CHINA AND HONG KONG QUARTERLY CONSTRUCTION COST REVIEW

CHINA AND HONG KONG QUARTERLY CONSTRUCTION COST REVIEW CHINA AND HONG KONG QUARTERLY CONSTRUCTION COST REVIEW Arcadis Asia Limited Arcadis Hong Kong Limited First and Second Quarters 2017 Contents 1. Market Analysis 2. Approximate Building Costs in Hong Kong

More information

Parking Policy in Asian cities highlights

Parking Policy in Asian cities highlights Dr Paul Barter LKY School of Public Policy National University of Singapore paulbarter@nus.edu.sg Parking Policy in Asian cities highlights Photo by Rutul Joshi Study commissioned by ADB under RETA 6416:

More information

Speculative construction and record breaking investment sales lead the way in Q2 2015

Speculative construction and record breaking investment sales lead the way in Q2 2015 MARKETVIEW Boston Downtown Office, Q2 2015 Speculative construction and record breaking investment sales lead the way in Q2 2015 Vacancy 7.5% Availability 13.9% Absorption 424,525 SF Sublease 0.75% Under

More information

Organizations/Sites. CTBUH Audit of Tall Building Websites. Compiled July 2007

Organizations/Sites. CTBUH Audit of Tall Building Websites. Compiled July 2007 CTBUH Audit of Tall Building Websites Compiled July 2007 Organizations/Sites A Digital Archive of American Architecture http://www.bc.edu/bc_org/avp/cas/fnart/fa267/20_sk y.html All About Skyscrapers http://www.allaboutskyscrapers.com/

More information

Presentation Results. 6th March 2015

Presentation Results. 6th March 2015 Presentation 6th March 2015 2014 Review Strong underlying profit Increased contribution from commercial portfolio Moderately reduced residential performance despite strong profits from Hong Kong and mainland

More information

The Corcoran Report 4Q16 MANHATTAN

The Corcoran Report 4Q16 MANHATTAN The Corcoran Report 4Q16 MANHATTAN Contents Fourth Quarter 2016 4/7 12/23 3 Overview 8 9 10 Market Wide 11 Luxury 24 2 Sales / Days on Market 3 Inventory / Months of Supply 4 5 Market Share Resale Co-ops

More information

DTZ Research. Property Times Hong Kong Q Transactions dropped sharply after measures. 15 July Contents. Authors.

DTZ Research. Property Times Hong Kong Q Transactions dropped sharply after measures. 15 July Contents. Authors. Property Times Transactions dropped sharply after measures 15 July 2013 Contents Economic Overview 2 Office 3 Retail 5 Residential 6 Investment 7 Definitions 8 Authors Kelvin Wong Research Analyst +852

More information

CHINA AND HONG KONG QUARTER QUARTERLY CONSTRUCTION COST REVIEW THIRD. Arcadis Asia Limited Arcadis Hong Kong Limited

CHINA AND HONG KONG QUARTER QUARTERLY CONSTRUCTION COST REVIEW THIRD. Arcadis Asia Limited Arcadis Hong Kong Limited CHINA AND HONG KONG QUARTERLY CONSTRUCTION COST REVIEW Arcadis Asia Limited Arcadis Hong Kong Limited 2017 THIRD QUARTER CONTENTS HONG KONG MARKET OVERVIEW... 3 MARKET ANALYSIS... 4 APPROXIMATE BUILDING

More information

Total building purchasing activity by sector (US$mn) Q Q Q Q3 2013

Total building purchasing activity by sector (US$mn) Q Q Q Q3 2013 MARKETBEAT Investment Snapshot China 2016 17 May 2016 Contents Building transactions 2 Land transactions 3 Source of capital 5 Transactions between foreign entities 5 Outlook 5 Following a record-breaking,

More information

Office occupiers to benefit from US rent increases below global average

Office occupiers to benefit from US rent increases below global average Media Release 12 September 2013 Office occupiers to benefit from US rent increases below global average Several major US markets registered absorption declines in the first half of 2013. This was attributed

More information

MANHATTAN OFFICE 2017

MANHATTAN OFFICE 2017 Research Report MANHATTAN OFFICE 2017 Accelerating success. % $ ± Market Indicators Full Year 2016 Full Year 2017 Y-O-Y Change AVAILABILITY RATE 10.3% 10.0% -0.3pp AVERAGE ASKING RENT ($/SF/YR) $73.24

More information

HONG KONG PRIME OFFICE Monthly Report

HONG KONG PRIME OFFICE Monthly Report RESEARCH MAY 2010 HONG KONG PRIME OFFICE Monthly Report Yields set to rise Over the past month, Hong Kong s office sales market started to consolidate, following a strong period of recovery that started

More information

Research. Office Briefing SINGAPORE. April 25, Market Overview. singapore. commercial - singapore. research & consultancy - singapore

Research. Office Briefing SINGAPORE. April 25, Market Overview. singapore. commercial - singapore. research & consultancy - singapore Research April 25, 2007 SINGAPORE Office Briefing Demand remains strong from a growing number of finance and shipping companies Robust demand spills over to shophouses Government puts up 6 vacant properties

More information

DTZ Research. Property Times Hong Kong Q TMT sector emerges as a new driver of office market. 22 October Contents. Author.

DTZ Research. Property Times Hong Kong Q TMT sector emerges as a new driver of office market. 22 October Contents. Author. Property Times TMT sector emerges as a new driver of office market 22 October 2013 Contents Economic Overview 2 Office 3 Retail 5 Residential 6 Investment 7 Definitions 8 Author Andrew Ness Head of North

More information

Student Property European Contacts. Connecting people & property, perfectly.

Student Property European Contacts. Connecting people & property, perfectly. Student Property European Contacts. Connecting people & property, perfectly. Student Property European Contacts Overview United Kingdom At Knight Frank we build long-term relationships, which allow us

More information

Market Research. OFFICE First Quarter 2010

Market Research. OFFICE First Quarter 2010 colliers international LAS VEGAS, NV Market Research OFFICE First Quarter 2010 Market Indicators Net Absorption Construction Rental Rate Q1-10 Q2-2010 Projected Clark County Economic Data Jan-10 Jan-09

More information

EXTREME ENGINEERING August 2019 Singapore. Invitation to Participate

EXTREME ENGINEERING August 2019 Singapore. Invitation to Participate 28-30 August 2019 Singapore EXTREME ENGINEERING Downtown Singapore, 2017 Invitation to Participate Supported by: Japan Prestressed Concrete Institute Burj Khalifa, 828m, Dubai, UAE Managed by: CI - Premier

More information

Summary of JREI Global Property Value/Rent Indices (No. 9, Oct. 2017)

Summary of JREI Global Property Value/Rent Indices (No. 9, Oct. 2017) November. 28, 2017 Japan Real Estate Institute (JREI) JREI-kenkyu-madoguchi@imail.jrei.jp Summary of JREI Global Property Value/Rent Indices (No. 9, Oct. 2017) We are pleased to release a summary of the

More information

1. Analysis - What does Q1 cost data indicate about the outlook for Hong Kong's construction market?

1. Analysis - What does Q1 cost data indicate about the outlook for Hong Kong's construction market? Contents 1. Analysis - What does Q1 cost data indicate about the outlook for Hong Kong's construction market? 2. Approximate Building Costs in Hong Kong 3. Construction & Installation Price Index - Mainland

More information

Shenzhen Kerry Plaza, Shenzhen, PRC ANNUAL REPORT 2017

Shenzhen Kerry Plaza, Shenzhen, PRC ANNUAL REPORT 2017 Shenzhen Kerry Plaza, Shenzhen, PRC 12 KERRY PROPERTIES LIMITED REVIEW OF PROPERTY BUSINESS 13 KERRY PROPERTIES LIMITED MANAGEMENT DISCUSSION & ANALYSIS Review of Property Business Manzhouli Presence in

More information

The Change of Urban-rural Income Gap in Hefei and Its Influence on Economic Development

The Change of Urban-rural Income Gap in Hefei and Its Influence on Economic Development 2017 2 nd International Conference on Education, Management and Systems Engineering (EMSE 2017) ISBN: 978-1-60595-466-0 The Change of Urban-rural Income Gap in Hefei and Its Influence on Economic Development

More information

MANHATTAN MARKET REPORT

MANHATTAN MARKET REPORT MANHATTAN MARKET REPORT 2nd Quarter 2018 RESALE bhhsnyp.com 1 NOTE FROM THE PRESIDENT While temperatures and humidity levels have risen in New York City, consumers have continued to show apprehension this

More information

Linkages Between Chinese and Indian Economies and American Real Estate Markets

Linkages Between Chinese and Indian Economies and American Real Estate Markets Linkages Between Chinese and Indian Economies and American Real Estate Markets Like everything else, the real estate market is affected by global forces. ANTHONY DOWNS IN THE 2004 presidential campaign,

More information

Housing Bulletin Monthly Report

Housing Bulletin Monthly Report January 21 1 Housing Bulletin Monthly Report Most new homes built in second half of 29 25, 2, 15, 1, 5, Dec 7 Jan 8 Feb 8 mar 8 apr 8 Alberta s 29 housing starts increased 72.8 per cent over 28, suggesting

More information

World Cities and Landmarks

World Cities and Landmarks World Cities and Landmarks 1. What city is the capital of Australia? a. Melbourne b. Sydney c. Adelaide d. Canberra 2. In which country is the Angkor Wat? a. Thailand b. Malaysia c. India d. Cambodia 3.

More information

Industrial briefing. Singapore. November 12, Savills Research

Industrial briefing. Singapore. November 12, Savills Research Singapore November 12, 29 Whilst there are signs that the economy is slowly emerging from its trough, industrial rents and prices remain weak on subdued external demand. After three negative quarters,

More information

Commercial and Multifamily Construction Starts in 2016 Rise in Most of the Top U.S. Metropolitan Areas

Commercial and Multifamily Construction Starts in 2016 Rise in Most of the Top U.S. Metropolitan Areas Commercial and Multifamily Construction Starts in 2016 Rise in Most of the Top U.S. Metropolitan Areas However, New York NY Settles Back After Robust 2015 Most of the leading U.S. metropolitan areas for

More information

Asia Pacific Office MarketView

Asia Pacific Office MarketView Asia Pacific Office MarketView Q1 2013 CBRE Global Research and Consulting RENTS UP 14 Markets RENTS STABLE 4 Markets RENTS DOWN 8 Markets VACANCY UP 4 Markets VACANCY STABLE 1 Markets VACANCY DOWN 13

More information

HONG KONG Luxury Residential Monthly Report

HONG KONG Luxury Residential Monthly Report RESEARCH AUGUST 2011 HONG KONG Luxury Residential Monthly Report PRICES STABLE DESPITE MARKET UNREST Sentiment in the local residential sales market remained lukewarm in July. Government measures to cool

More information

Q Cape Town Office Market Report. In association with Baker Street Properties

Q Cape Town Office Market Report. In association with Baker Street Properties Cape Town Office Market Report 217 set for rental growth as economy improves, but the city continues to struggle to cater to large occupiers Q4 216 In association with Baker Street Properties 1 Central

More information

HONG KONG PRIME OFFICE Monthly Report

HONG KONG PRIME OFFICE Monthly Report RESEARCH February 2011 HONG KONG PRIME OFFICE Monthly Report RENTS TO SURPASS 2008 PEAKS BY YEAR-END Players in Hong Kong's office leasing market started the game of 'musical chairs' again at the beginning

More information

Schedule of Major Properties Dated the 31st day of December, 2014

Schedule of Major Properties Dated the 31st day of December, 2014 108 CK HUTCHISON HOLDINGS LIMITED Cheung Kong (Holdings) Limited Schedule of Major Properties Dated the 31st day of December, 2014 A. PROPERTIES FOR/UNDER DEVELOPMENT Group s Approx. Description Lot Number/Location

More information

2017 ICSC CHINA SHOPPING CENTRE & RETAILER AWARDS FINALISTS

2017 ICSC CHINA SHOPPING CENTRE & RETAILER AWARDS FINALISTS 2017 ICSC CHINA SHOPPING CENTRE & RETAILER AWARDS FINALISTS EMERGING TECHNOLOGY E-DA Easy Go Multi-screen Interactive Member Service Application E-DA Outlet Mall Kaohsiung, Taiwan Owner/Management Company:

More information

Property. Mashreq. Economic Overview. Wealth Gauge.

Property. Mashreq. Economic Overview. Wealth Gauge. FOR THE PRIVILEGED FEW Mashreq Volume 12 August 20 Economic Overview As per National Bureau of Statistics, the economic growth in UAE for 20 stands at 5.2 which was well supported by Trade & Tourism, Hospitality

More information

ANALYSIS OF LEBANON S REAL ESTATE SECTOR

ANALYSIS OF LEBANON S REAL ESTATE SECTOR ANALYSIS OF LEBANON S REAL ESTATE SECTOR Table of Contents Table of Contents 2 Global Real Estate Market 3 Global House Prices 3 Global Insights 8 Lebanon's Real Estate Market 12 Real Estate Market Demand

More information

26-28 February 2019 Singapore

26-28 February 2019 Singapore 26-28 February 2019 Singapore EXTREME Downtown Singapore, 2017 ENGINEERING Invitation to Participate Burj Khalifa, 828m, Dubai, UAE Managed by: CI - Premier Conference Organisation Supporting organisations

More information

TO CREATE LOVE THROUGH DESIGN

TO CREATE LOVE THROUGH DESIGN I HAVE A DREAM TO CREATE LOVE THROUGH DESIGN F RESIDENCE & F RESORTS - HIGH RISE - PRECIOUS TOWER Like a precious gem, the façade of this residential tower is inspired by diamond jewelry. The residential

More information