Commercial Office
Flex space operators’ office leasing demand in India more than doubled in Q1
These operators accounted for 13% of the total leasing volume during the quarter.
Flex space operators’ office leasing demand in India more than doubled in Q1
These operators accounted for 13% of the total leasing volume during the quarter.
India gross office leasing volume slips 9% to 14.7msf in Q1
Fresh leasing and pre-commitments together accounted for 81% of the demand.
Australian office vacancy rates record improvements in Q1
Sub-lease vacancy fell 1.7% in Sydney CBD and 2.6% in Melbourne CBD.
How much of Brisbane’s vacant office spaces are truly lettable?
Vacancy rates hit 14.9% in Q1, not far from the relatively high 10-year average of 14.3%.
Korea’s Q1 office transaction volume hits USD3.6b
The largest deal that is still ongoing is worth USD3.2b.
Manila net office take-up to reach 3.3m sq ft this year
And residential vacancy rates could ease to 16.2%.
Office vacancy rate in Hong Kong Central stable at 7.2% in March
Vacancy rates in Admiralty and Wan Chai were at 8.4% and 11.2%, respectively.
New Delhi gross office leasing jumps 55% to 3.18msf in Q1
This is the second highest quarterly leasing since the pandemic hit.
Hong Kong office vacancy rate drops to 9.1% in February
Kowloon East recorded the highest vacancy rate at 12.4%.
3 cities that will propel India’s office property sector this year
These cities are expected to drive strong supply and demand conditions throughout the year.
Japanese businesses rely on properties to mitigate financial woes
They are selling their realties or converting their real estate into business assets.
Manila office rents inch up 0.6% in 4Q21
Capital values also incrementally increased by 0.8% q-o-q.
Taipei troubled by tight office space supply over the next 12 months
The new leasable supply was nearly fully pre-committed in 4Q21.
How workplaces will be like in 2022
Hybrid workplaces and ESG goals are set to influence the market going forward.
Tokyo office rents still on a downtrend for nearly two years now
Office rents declined for the seventh consecutive quarter in 4Q21.
Around 6.5m sq ft of new Grade A office space expected in Mumbai this year
This is if construction activity is not slowed down by further restrictions.
Melbourne records positive office net absorption for third consecutive quarter
Melbourne CBD office saw net absorption of 12,700 sqm in 4Q21.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
