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Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Jakarta to see over 373,000sqm of new retail supply till 2023
There are no high-end retail projects in the pipeline.
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.
Greater Tokyo industrial asking rents up 4.7% in Q2
The vacancy rate also rose to 3.1% in the same period.
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.
What was the largest industrial investment deal in Japan so far this year?
It was an acquisition of 105,00sqm of land in Osaka for around USD417m.
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.
These are the new entrants in Vietnam’s luxury retail market
Louis Vuitton and Christian Dior recently opened new flagship stores in Central Hanoi.
Singapore HDB resale volume down 1.7% in August
There were only 2,323 units transacted during the month.
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%.
Hong Kong retail landlords still offering deeper cuts in shop rents
A retail spot was recently granted to a tenant for 51.3% lower than the previous lease.
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