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Growth Engines of Innovation

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How Asia Pacific's technology hubs are reshaping regional real estate.



The technology sector is the key driver of office leasing demand in Asia Pacific (APAC), possibly accounting for up to 25% of demand for leased office space in the region over the next five years.

Top 10 established technology submarkets in APAC
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Top 10 upcoming technology centres in APAC
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The ongoing expansion and innovation of technology giants in APAC, particularly Chinese technology firms, are fuelling new possibilities for occupiers and owners alike.


Property acquisitions by technology firms in APAC

In this interactive report, we examine:
  • The top 10 established and upcoming technology submarkets within major APAC cities, including key and upcoming key tech subsectors, and workplace and real estate considerations in each submarket
  • The rapid growth of Chinese tech firms as a major new class of owner-occupier
  • Opportunities and strategy recommendations for technology occupiers planning for expansion
  • Opportunities for property owners and investors beyond rental growth

Download the interactive report Growth Engines of Innovation: How Asia Pacific's technology hubs are reshaping regional real estate below.

To see what could be with opportunities in technology hubs across Asia Pacific for both occupiers and owners, reach out to our experts Sam Harvey-Jones, Simon HuntDoug Henry, Terence Tang and John Marasco.

For further insights on this report, reach out to our Research experts Andrew HaskinsJoanne HendersonNicholas Wilson and Rakesh Kunhiraman.


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Growth Engines of Innovation

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Related Experts
Singapore

Sam Harvey-Jones

Chief Operating Officer | Asia Pacific

Singapore

Sam is Managing Director of Occupier Services Asia at Colliers International.  With over 21 years corporate real estate experience and over 14 years in Asia Pacific, Sam has a demonstrated track record of delivering holistic global real estate solutions for corporate occupiers across the region. 

Sam spearheads the strategic direction and has overall responsibility for the growth of the Colliers Occupier Services business in Asia, including Corporate Solutions, Tenant Representation, Flexible Workspace Consulting, Workplace Advisory, Wellness Consulting, Lease Administration and Project Management. Having joined Colliers in 2015, he has implemented strategic business plans and strategies that have contributed to the successful growth of the division.  

Sam is a member of the APAC leadership team. 

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Australia

Simon Hunt

Chief Operating Officer | Australia

Corporate Executive

Sydney

As the Chief Operating Officer of Colliers Australia, Simon is passionate about leading the business and providing a focus on growth. Simon has been with Colliers for 30 years, joining the Office Leasing team in 1993, working his way up to the Managing Director role in 2005, and now taking on the COO role from 2023. Simon holds several other senior positions within the company including the interim Managing Director of Occupier Services, a member of the ANZ Executive, Executive Leadership Team and Senior Leadership Team. Simon is a Licenced Estate Agent and a member of the Real Estate Institute of Victoria, Property council of Australia and RICS - Royal Institute of Chartered Surveyor

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Singapore

Terence Tang

Managing Director | Asia

Capital Markets & Investment Services

Singapore

A veteran in the real estate industry, Terence has more than 30 years of experience in principal real estate investment management and advisory services. Over the years, he has undertaken more than 150 real estate transactions, with a combined value of over USD12 billion – spanning different sectors across Asia.

At Colliers, Terence helms the Capital Markets & Investment Services Asia business, which is made up of a team of more than 130 senior Investment Services executives across the region.

Prior to joining Colliers, Terence was with Invesco Real Estate Group, where he was the Head of China before relocating back to Singapore to assume the role of Head of Southeast Asia.

Before Invesco acquired the Asia Pacific real estate fund management platform of AIG in January 2011, Terence was the Managing Director of AIG Global Real Estate Group, overseeing the real estate business in Greater China.

Prior to AIG, Terence led deal sourcing, evaluation, negotiation, due diligence, and acquisition of deals in Asia for the Government Investment Corporation of Singapore (GIC) as Senior Vice President, Investment & Asset Management. He also led the Asia Assets Restructuring Group, overseeing and ensuring improved asset performance for various commercial buildings in Asia Pacific.

Terence was formerly the Head of China Investments with Jones Lang LaSalle (JLL), where he was instrumental in setting up and heading the business unit. Earlier in his career, Terence was also the Managing Director of JLL Singapore before he left to join GIC Real Estate.

Terence is a frequent speaker at several real estate conferences, some of which include ANREV, Private Equity Real Estate (PERE) Asia Summit, China Global Real Estate Institute, Deutsche Bank Access China, Real Estate Investment World, and Vision Insights and Perspectives, among others.

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Hong Kong SAR China

Andrew Haskins

Executive Director | Head of Strategic Advisory & Business Val

Valuation & Advisory Services

Hong Kong

Andrew joined Colliers as Executive Director, Research, Asia in February 2016. He is responsible for directing research output by over 40 staff across the regional offices, and is committed to delivering strategic, rigorous and actionable research to help Colliers' clients and business professionals make key commercial decisions..

Andrew has 30 years of experience – including 18 years in Asia – in property, equity and strategic research. He has worked with large investment banks including HSBC and Nomura around the world, and has covered numerous industrial and service sectors including real estate. He is skilled in rigorous, strategic analysis of regional and global trends and has deep expertise in accounting, financial forecasting and corporate valuation. Andrew has built and led successful teams in Asia, the Middle East and Europe, and has extensive experience of serving senior institutional clients around the world. He speaks English, Japanese and French.

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Singapore

Rakesh Kunhiraman

Senior Director & Head | Asia

Research

Singapore

Rakesh is Head of Occupier Research for Asia. In this capacity, Rakesh partners with the Asia Occupier Services and Research teams to accelerate growth and increase Colliers’ share of voice in the sector.

Rakesh also leads Asia Occupier Research to deliver industry-leading reports, thought leadership, and enterprising insights to strengthen Colliers’ Occupier Services capabilities and offerings for commercial real estate occupier clients across Asia.

Based in Singapore, Rakesh has over 16 years of experience across the APAC and MENA regions in the occupier and investor space, specialising in research, development consulting, investment advisory, valuations, and transaction management. 
 

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Singapore

Nicholas Wilson

Director, Head of Research | Capital Markets Asia

Capital Markets & Investment Services

Singapore

Nick joined Colliers as Director, Head of Investor and Developer Research, Asia in April 2021. Nick is responsible for the provision of thought leadership and research covering the investor and developer markets across Asia. He delivers market leading insights and actionable research to support Colliers' clients in their investment strategy and understanding of the latest trends. 

Nick has over 12 years of experience in researching real estate markets in Asia Pacific, covering a range of different geographies and sectors, as well as themes related to direct markets, indirect investment trends and real estate debt markets. Prior to joining Colliers, Nick worked for JLL in roles based in Australia, Singapore and Japan and was most recently the Head of Capital Markets Research for Asia Pacific. 

 

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Australia

Joanne Henderson

National Director | Research

Research

Sydney

Joanne has over 15 years of experience working within property research and specialising in property data.  Having previously managed a real estate data product with over 70 subscribers, Joanne has a strong track record of maintaining client relationships as well as delivering quality real estate data and insights.

Joanne leads and manages the Colliers Edge product which is the Colliers premium research data product for clients. Her role also includes maintaining and improving data management systems that the Research and wider business teams use to store and utilise our valuable datasets.

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