Commercial Office
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Mumbai’s gross office leasing volume drops 51% to 0.78 msf in Q2
The Malad-Goregaon submarket accounted for 22.5% of the overall leasing activity.
Jakarta tagged as the most variable market for office rents in APAC
Between 2010 and 2015 rents in Jakarta more than doubled and then subsequently tumbled by 30% over the next five years.
Here’s a rundown of how APAC office rents will fare for the rest of this year
Rents are forecast to decline by an average of 1.7% across the region.
Singapore Grade A office vacancy rate hits record high since 2018
Vacancies reached 4.6% in Q2 2021, the highest since the 4.9% rate recorded in Q1 2018.
Cambodia real estate takes sharp turn in H1
An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.
Australia’s office property sector “surprisingly resilient” amidst pandemic: Savills
Several big-ticket deals signal investor confidence in the sector.
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Island rents saw the lowest rate of decline since Q1 2020.
Seoul sees robust office space demand from tech occupiers
Firms may consider Seongsu-dong, Guro and Gwacheon as new locations for expansion.
Hong Kong records positive office absorption for the first time since 2019
Overall net absorption was 116,300 sq ft in May.
Why tech firms in India should consider North Bengaluru for expansion
Its proximity to the airport is a huge plus.
Tech firms to account for up to 25% of APAC office leasing demand over the next five years
Beijing, Shanghai, Bengaluru, Shenzhen and Singapore are the top 5 technology centres in the region.
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Is the worst finally over for Singapore office rents?
Rents are estimated to have risen 1.2% in Q2, the first ever increase since the pandemic hit.
7 in 10 APAC firms willing to pay more to rent a green building
Corporate occupiers currently pay a 7-10% rental premium in green buildings.
Taipei Grade A office vacancy at a record low of 2.1% in Q1
Market supply is expected to further tighten until 2023.
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
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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.
