Commercial Office
Bangkok to see nearly 500,000sqm of new office supply in 2024
It’s an increase from the projected 345,000sqm of new supply for 2023.
Indian office sector records highest net absorption of the year in Q3
Net absorption was at 8.3msf in Q3, the highest in 2023.
What does the future look like for Thailand’s office property market?
Landlords are increasingly adopting the build-to-suit and ready-to-move-in models.
India gross office leasing volume down 13% to 15.1msf as of Q3
Mumbai experienced the strongest leasing volume growth.
Grade B offices in Bangkok outperform other segments in Q3
It was the only segment to increase its occupancy rate.
India’s new office supply declines 9% to 10.7msf in Q3
This brings the total completions to 29.5msf year-to-date.
Which area in Bangkok recorded the highest office leasing demand in Q3?
Net absorption in this area hit 8,700sqm during the quarter.
Lodes flips the switch at new Hong Kong office to turn on creative minds
With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.
Delhi gross office leasing declines 11% to 3.4msf in Q3
Pre-commitments accounted for a third of the leasing activity.
Office investment volumes in APAC hit record lows since 2007
Investments dropped 51% to USD7b in Q3.
Hong Kong office rents expected to bottom out sooner than expected
Rents could decline by up to 5% next year.
Why 2026 will be a turning point for Jakarta’s office market
The market is only expected to achieve supply and demand balance by then.
Changing dynamics in Jakarta’s strata-title office market revealed
Some buildings have made slight corrections in their asking prices.
Net effective office rents on Hong Kong Island slip 0.4% in September
Central and Causeway Bay registered the steepest YTD decline.
Singapore CBD office occupancy stable at 94.4% in Q3
Current occupiers are more likely to renew their lease contracts than to relocate.
Empty chairs at empty tables: Double-digit vacancies persist in APAC office markets
Vacancies in the region rose to 14.4% in Q3.