Commercial Office
Seoul’s Grade A office vacancy rises for the first time since 2021
The vacancy rate grew by 94 bps to 2.0% in Q2.
Osaka office vacancy rate stable at 3.4% in Q2
No new projects were completed during the quarter.
What’s driving Taipei’s 2.4% office rental growth in Q2?
The Grade A sector in Xinyi District played a key role.
Perth CBD office vacancy rate drops to 18.5% in Q2
Net absorption was at 18,000sqm during the quarter.
Tokyo Grade A office absorption hits 188,000sqm in Q2
This is almost 200% of full-year 2022’s net absorption level.
3 reasons why demand for Singapore’s prime freehold strata offices should endure
Singapore’s growing pool of family offices and UHNWIs is one.
Adelaide CBD’s secondary office vacancy rate reaches record lows since 2012
Secondary vacancy was at 14.2% in Q2.
Does Greater Kuala Lumpur have enough green offices to meet the soaring demand?
The city is about 2.5 to 5 million square feet short of green office supply.
Office rents on Hong Kong Island slip 0.3% in July
Causeway Bay rents declined 0.7%.
Bangkok office market to continue to favour tenants
Over 1.5 million sqm of office space remains in the pipeline.
Mumbai gross office leasing volume down 9% in Q2
Total volumes reached nearly 3 million sq ft.
Delhi’s H1 office leasing volume almost equal to last year’s levels
Total leasing volume hit 6.5 million sq ft in the first half of the year.
APAC flex workspace demand grew 16% in H1
The average transaction size was at 9.6 desks.
Bangkok office space supply up 1.1% in Q2
A total of 79,000sqm of new office space was introduced to the market.
Three ways to revitalise Bangkok’s old office buildings
Over 70% of offices in the CBD are over 20 years old.
Jakarta’s cumulative office supply to grow 2.5% annually until 2025
Almost 80% of the upcoming supply is premium buildings.
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