Commercial Office
APAC annual office demand to hit up to 5m sqm for the next three years
This will be due to the offshoring market more than doubling to USD185b by 2032.
APAC annual office demand to hit up to 5m sqm for the next three years
This will be due to the offshoring market more than doubling to USD185b by 2032.
Seoul office rents to rise by 4-5% this year
Vacancy will only start to increase from 2026.
2024 set to be a ‘quiet year’ for Tokyo’s Grade A office market
A significant supply uptick will not occur until 2025.
Seoul office vacancy rates to remain low for the next two years
This is due to the absence of new supply in 2025.
APAC office demand rises with offshoring growth
Expansion driven by skilled labour and cost efficiencies.
Singapore Q1 office rents hit record highs since 2008
Rents climbed 1.3% to SGD 11.42 per sq ft per month.
Why Seoul’s office market is still performing better vs APAC neighbours
The city’s transaction volume declined at a slower rate compared to other markets.
Hong Kong Island office rents drop 7.6% in February
Leasing activity in Causeway Bay and North Point was quiet.
Seoul prime office segment’s demand and vacancy dynamics revealed
Annual prime office supply averaged 190,000sqm over the past 10 years.
GCCs drive office space boom in India
Diverse sectors fuel demand for 72 million square feet since 2020.
Hong Kong houses over 2,700 SFOs: report
Over 500 of these SFOs fall under the US$10m-US$30m wealth level.
Kuala Lumpur office vacancy rates slow as market adjusts
Flexibility and green initiatives drive tenant attraction and retention.
Taipei gross office leasing volume hits 3-year highs
This is the city’s strongest performance since the pandemic.
Tokyo Grade A office vacancy rate expected to decline by year-end
Thanks to robust tenant demand.
3 notable office projects to watch out for in Singapore
These projects will be completed over the next two years.
Why Sydney recorded negative net office absorption in Q4
Seven out of 10 office markets saw negative demand during the quarter.
Seoul office demand hits annual high in Q4
Net absorption was at 24,200 pyeong during the quarter.
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