Commercial Office
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Rental growth rate in Tokyo's prime office market at its lowest since 2016
Grade A office rents inched up by a mere 0.2% in Q2 2020.
Singapore strata office unit sales drop to a measly 79 in H1 2020
This translates to a total transacted value of S$272.2m, down 42.3% from S$471.4m in H2 2019.
APAC office sector's net absorption hits decade-low in H1
It fell 34% to 16.3 million sq ft, no thanks to tenants cutting costs amidst the pandemic.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
But volumes have yet to hit 2008/09 lows.
Seoul's prime office vacancy rates decline, whilst rents increase in Q2
Vacancy rates stood at 6.9%, and rents inched up 1.6% YoY.
Tokyo rents and vacancies rise
Tokyo office rents rose both YoY and MoM but vacancy increased for the fifth straight month to 2.77%. By area, Minato saw the largest vacancy increase...