Commercial Office
Tokyo office vacancy rate hits a record 3.1% in Q3
This is the first time the vacancy rate exceeded 3% since 2017.
Tokyo office vacancy rate hits a record 3.1% in Q3
This is the first time the vacancy rate exceeded 3% since 2017.
Jakarta Grade A office rents down 2.2% in Q3
There are still massive discounts available for tenants.
APAC office leasing volumes finally returning to pre-pandemic levels
Leasing volumes increased 25% in Q3.
Hong Kong overall office rents slip 0.5% in Q3
But rents in Central inched up 0.6%.
Bangkok office rents decline for the fifth consecutive quarter
Rents dropped 5.2% y-o-y in Q3 2021.
Vietnam Grade A office rents slip 0.25% in Q3
But rents were mostly resilient during the quarter.
New Delhi office net absorption surges 131% to 1.41m sq ft in Q3
All thanks to solid precommitment in new office buildings.
Taipei office rents to grow by 2-3% in 2022
There are no major projects in the pipeline until 2023.
3 in 5 investors eyeing core, core-plus office spaces in 2022
Regional investors in Singapore, Sydney and Tokyo are seeking these asset classes.
This record-breaking US$2.6b deal revived Japan’s office investment market
It is the country’s largest ever property sales transaction.
Hong Kong to see over 2.8m sq ft of new offices in the next two years
Central and Quarry Bay will be the main locations for these new office spaces.
Primary sales dominate Hong Kong’s office investment market
One transaction amounted to around HKD1.19b.
Nearly 80% of offices in Singapore are certified green as of Q3
They are mostly in the CBD and CBD Fringe submarkets.
3 reasons why flex office spaces are booming in Bengaluru, India
A record 6,000 seats in flex spaces were absorbed in Q3 2021 alone.
Hong Kong Grade A office rents increase for the first time in over 2 years
Rents inched up 0.2% in October.
Office fit-out costs rise 10.8% to US$1,109 per sqm in APAC
Blame it on supply chain disruptions and labour shortages amidst the pandemic.
Hong Kong new office letting transactions drop 20% in October
Tenants in Kowloon are favouring lease renewals over relocations.