Commercial Office
Osaka’s 2024 new office supply set to be the largest in 20 years
There is 260,000sqm of new supply to enter the market this year.
Osaka’s 2024 new office supply set to be the largest in 20 years
There is 260,000sqm of new supply to enter the market this year.
Mumbai office demand hits 12-year high
Leasing demand rose by 83% in the final quarter of 2023.
Perth CBD office vacancy rate stable at 17.3% in Q4
Net absorption was at 7,100sqm.
Melbourne CBD office demand at its weakest since 2020
Net absorption was at -68,300sqm in Q4 2023.
Manila office vacancy rates to continue climbing in H1 2024
The city’s vacancy rate rose to 18% in Q4 2023 as supply grew.
How Kuala Lumpur’s office market experienced a robust recovery
Find out which sectors drove the demand.
Ho Chi Minh City’s net office absorption hits 25,700sqm in Q4
Thanks to the healthy uptake at The Nexus.
Hong Kong office sector set to favour tenants this year
Consolidation towards cost-effective options will remain a key trend.
Jakarta CBD Grade A office rents decline 1.9% in Q4
Rents declined at a slower rate compared to previous quarters.
Canberra to see 72,700sqm of new office stock in 2024
Analysts expect tenants to relocate from the older offices to the newer buildings.
Delhi records robust annual office supply of nearly 6m sq ft in 2023
Over 1m sq ft was added in Q4 alone.
Hanoi Grade A office absorption hits 20,100sqm in Q4
This was driven by new high-quality office stock.
Brisbane CBD office vacancy rate hits 4-year low of 11.1% in Q4
Net absorption was at 9,200sqm during the quarter.
Bangkok to see over 450,000sqm new office supply this year
The supply influx is expected to cause vacancy rate to hit 24% by year-end.
Adelaide office absorption tapers off from all-time highs
The city recorded negative absorption in Q4 following the record highs in Q3.
Bengaluru office leasing volume grows 34% in Q4
Net absorption hit a record high in six quarters.
3 trends that prove APAC is at the heart of the office-first hybrid strategy
Four in 5 buildings in the region are 40 years or younger.
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