Commercial Office
Asian occupiers are paying up to 28% more to rent green offices
Find out how much premium green spaces command in different Asian cities.
Asian occupiers are paying up to 28% more to rent green offices
Find out how much premium green spaces command in different Asian cities.
Brisbane Grade A office vacancy drops to 14.9% in Q3
Demand is coming from firms trying to lure staff back to the office.
Bengaluru adds 1.6m sq ft of new office stock in Q3
This is from a total of five new completions during the quarter.
Adelaide office net absorption rebounds to 5,100sqm in Q3
This comes after a negative absorption in the previous quarter.
Office buildings to watch out for in Bangkok in the near term
New supply is expected to reach 950,500sqm over the next five years.
This Seoul district just saw its highest office rental growth since 2008
Rents grew 8.7% in Q3 in this area.
Hong Kong Island office rents slip 1.4% in October
Rents are expected to drop for the rest of the year.
India’s office sector accounts for almost half of real estate investments in Q3
47% of all property investments are commercial office assets.
See how Singapore’s flex space market is recovering from the pandemic
Flex workspaces now have average occupancy rates of 80-90%.
Seoul prime office vacancy rate falls to 3.3% in Q3
All major districts in the city saw declines in vacancy rates.
How much do you need now to fit out an office in APAC?
Fit out costs in APAC grew 4.5%, with the biggest increases seen in Australia, Singapore, Malaysia, and South Asia.
Manila to see 808,900 sqm of new office space this year
The vacancy rate is forecast to hit 18.2% by year-end.
Korea office transaction volumes hit USD2.2b in Q3
One of the major transactions is a USD532m deal for Shinhan Investment Building.
Learn more about the diverging trends emerging in Tokyo’s Grade A office market
In Q3, the vacancy rate increased to 4.1% whilst rents decreased by 13.2%.
What does recovery look like for Tokyo’s office submarkets?
Savills says submarkets that saw larger corrections will continue to have hard times ahead.
These firms recently moved to higher quality offices in Hong Kong
Invesco relocated its headquarters to a 33,000sq ft lease in Jardine House.
Guess which APAC city had the highest prime office rental growth in the region in Q3
Rents grew 12.1% in this city year-on-year.
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