Commercial Office
Sydney CBD records steepest negative office demand in Q3
Net absorption in the area was -25,100sqm during the quarter.
Sydney CBD records steepest negative office demand in Q3
Net absorption in the area was -25,100sqm during the quarter.
Tokyo’s 2023 new office supply expected to reach record levels
It’s set to be the second largest supply volume according to JLL data.
Seoul’s Grade A office leasing market remains healthy despite negative absorption
Demand in Gangnam reached record highs since Q1 2022.
Melbourne CBD office vacancy rate stable at 16.2% in Q3
The city recorded negative net absorption of -9,800 during the quarter.
Mumbai office leasing activity down 10.8% to 1.5m sq ft in Q3
Navi Mumbai accounted for almost a quarter of the leasing volume.
Manila office absorption increases to 20,500sqm in Q3
Thanks to a stronger leasing market.
Flight-to-quality, competitive rents to dominate Jakarta’s office market in 2024
No new supply is expected for next year.
Kuala Lumpur office rents reach record highs
Grade A office rents rose by 7.9% in Q3.
Hanoi Grade A office rents to grow by less than 1% by year-end
And vacancy is expected to rise significantly.
Hong Kong Grade A office rents down 2.3% in Q3
Hong Kong East saw the steepest decline of 4.6%.
Delhi gross office leasing volume hits nearly 3m sq ft in Q3
Net absorption rose to 1.7 million sq ft during the quarter.
Ho Chi Minh City’s Grade A office supply hits 456,200sqm in Q3
Thanks to the launch of units in The Hallmark and The METT.
Adelaide office sector records highest net absorption since 2008
Net absorption was at 37,500sqm in Q3.
Bangkok prime office rents inch up 0.3% in Q3
New completions drove the rise in gross rents.
Canberra office market registers negative demand in Q3
Net absorption hit -24,200 during the quarter.
Bengaluru office space supply hits 2-year high in Q3
Supply grew by 133% compared to the prior quarter.
Brisbane CBD office vacancy rate hits record lows since 2019
The vacancy rate declined to 11.5%, the lowest since Q3 2019.
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