Is the surge in Macau's gambling revenue an illusion? CBRE warns: It all depends on the "blood transfusion" from the Chinese economy to survive.

Macau's gaming industry experienced a strong rebound in June, with gross gaming revenue (GGR) increasing by 19% year-over-year to 21.06 billion Macau patacas (approximately 2.61 billion US dollars), far exceeding market expectations. However, US investment firm CBRE Capital Advisors threw cold water

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After POGO withdrawal, the Philippine office market warms up for the first time: vacancy rate to drop below 20%

The Philippine office market is at a turning point. Following the government's comprehensive ban on Philippine Offshore Gaming Operators (POGO), the Manila commercial real estate market is undergoing structural adjustments. Latest industry data shows that traditional industries are rapidly filling t

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During the slowdown of license approvals, Wynn is poised to expand its market advantage in the UAE.

According to the latest analysis by CBRE, the process of issuing casino and integrated resort licenses in the UAE seems to have slowed down, which makes the leading advantage of Wynn Resorts in the local market more valuable. In the "Las Vegas Executive" report released by CBRE last night, the

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The vacancy rate of office buildings in the Philippines has risen to 19.9%, experts say: the POGO ban is not the only main reason.

According to the latest "Real Estate Market Monitoring Report" released by the real estate services company CBRE, the vacancy rate of office buildings in Manila will climb to 19.9% in 2024, equivalent to nearly 1.8 million square meters of available office space. Among them, 51% are vacated units, a

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After the POGO ban, the vacancy rate of office buildings in Metro Manila approaches 20%.

According to the latest real estate market monitoring report released by CBRE Group, a real estate services and investment company, the office space vacancy rate in the Metro Manila area has risen to 19.9% in 2024, reaching a high point in recent years. This figure is equivalent to about 1.8 m

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