Commercial Office
Hong Kong Grade A office vacancy reaches a record 11.3m sq ft in August
Nearly 10% of all Grade A office occupiers downsized in the last three years.
Hong Kong Grade A office vacancy reaches a record 11.3m sq ft in August
Nearly 10% of all Grade A office occupiers downsized in the last three years.
Singapore Grade A office rents hit 14-year high in Q3
Monthly rents rose 2.9% to SGD11.06 per sq ft, surpassing the pre-pandemic peak.
What you need to know about Mumbai’s new office stock
Non-IT spaces are set to dominate the market.
Taipei Grade A office vacancy rate hits a record low of 2%
It is expected to remain stable over the next three years.
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Sydney CBD’s total office space stock now at 5.2m sqm
The Quay Quarter Tower recently added 88,000 sqm of premium office space.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Osaka gross office rents down 0.7% in Q2
Rents averaged JPY 22,885 per tsubo per month.
Melbourne CBD office vacancy hits 15% in Q2
This is almost as high as the record levels in 1999.
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
Non-IT occupiers accounted for most of the absorption.
Hanoi to welcome two new Grade A office projects in Q4 2022
This brings the total leasable area to 598,400sqm by the end of the year.
Perth CBD office vacancy rate rises to 20.1% in Q2
It grew by 0.4 percentage points.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Kuala Lumpur to see over 3m sq ft of new office supply by year-end
The weak demand and oversupply are expected to accelerate rental decline.
Jakarta Grade A office rents down 2.4% in Q2
On a year-on-year basis, rents decreased 9.6%.
Brisbane CBD office vacancy rate hits 15.4% in Q2
It’s still higher than the 10-year quarterly average of 15.3%.
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