News roundup: University of Hong Kong will limit tourist flow on campus, plus other updates
For PropertyGuru’s news roundup, the University of Hong Kong will introduce measures on tourist flow management on campus following an influx of visitors from the mainland. In other headlines, South Korea is pushing for digital and green projects to improve quality of life, attract investments, and foster further collaboration with the international community. And a new report by CBRE says data centre development in Australia will experience significant delays as construction times blow out and suitable land begins to dry up.
University of Hong Kong seeks to limit tourist flow on campus after student, residents complain
The University of Hong Kong (HKU) is to introduce measures on tourist flow management on campus following an influx of visitors from the mainland.
Local media have reported on the grounds being as “crowded as Disney,” with mainland tourists barging into lecture halls for photo-taking during lectures.
The Pok Fu Lam campus has sky-rocketed in popularity among Chinese tourists following recommendations on social media platform Xiaohongshu, according to HKFP.
Digital, green projects to improve life quality, lure investments in South Korea
South Korea’s capital Seoul is determined to push for digital and green projects to improve the people’s quality of life, attract investments, and foster further collaboration with the international community in turning these visions into reality.
Speaking to international media members and PNA on the sidelines of the 2024 Smart City Summit and Expo on March 21, Seoul Digital Foundation (SDF) president Yo-sik Kang said the establishment of smart cities should be aimed at creating a people-centered lifestyle rather than just introducing new technologies.
He said the public sector, for instance, must establish firm digital transportation strategies and approaches “with responsibility”.
Kang said these efforts must also support measures to combat the effects of climate change.
Construction delays to cause data centre upset in Australia, says CBRE
Data centre development will experience significant delays as construction times blow out and suitable land begins to dry up.
This arrives amid major demand for data centres which are the backbone of the nation’s artificial intelligence boom, providing the compute power needed to run new AI-powered products and tools.
That’s according to a new report by CBRE, which highlights issues facing the nation’s growing data centre market.
Adding some fuel to the fire was the fact that many corporate businesses had begun to shift away from in-house data centres and opt for those run by third parties, according to the firm’s latest sector review reported in realcommercial.com.au.
The Property Report editors wrote this article. For more information, email: [email protected].
Recommended
Meet the expert helping overseas investors crack Australia’s property market
Ivan Lam of property advisors Charter Keck Cramer helps clients navigate Australia’s complex real estate dynamics
ARES White Paper Volume 3: The era of adaptive reinvention
Pioneering sustainable and innovative practices in urban development
ARES White Paper Volume 2: Unravelling the power of data revolution in real estate
Insights on proptech, smart cities, and sustainable development
ARES Digital White Paper Volume 1: The fundamentals of responsible building
Green and climate heroes join forces to discuss how Asia Pacific can weather the current environmental crises and the looming effects of climate change