Influx of tourists spurs demand for more hotels in Yangon
A wave of tourists arriving from Asia has spurred demand for more hotels, as citywide occupancy rates increase, Colliers International Myanmar Hotel Market Quarterly Report Q2 2018 has found.
Legislative developments to "propel" demand and competition
Colliers International Myanmar Quarterly Review Yangon Retail Q2 2018 reveal that recent legislative developments show a promising sign that demand may be driven towards a lengthy upcycle.
Significant foreign investment in Myanmar continues to boost demand - Colliers
Myanmar's performance in the Colliers International latest Asia Market Snapshot Q2 2018 indicates that while the office sector performed well in Q2, sectors to watch in Q3 will be retail and industrial.
Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano
Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.
Karlo Pobre, Deputy Managing Director for Colliers International Myanmar and Paul Ryan Cuevas, Analyst for Research, Valuation and Advisory of Colliers International Myanmar reveal that Yangon's serviced apartment sector saw marginal increases in occupancy, in the Yangon Serviced Apartment Market Quarterly Report Q2 2018.