Commercial Office
Delhi NCR office leasing volume drops 27% to 2.9msf in Q1
Fresh leases accounted for 86% of the activity during the quarter.
Delhi NCR office leasing volume drops 27% to 2.9msf in Q1
Fresh leases accounted for 86% of the activity during the quarter.
New office development lull looms in Sydney this year: JLL
Less than 20,000sqm of new stock is expected to be completed.
Seoul office net absorption still on a positive streak for 11 consecutive quarters
The city’s Q4 net absorption was at 14,800 pyeong.
Why Taipei sees increasing demand for prime office space
The total prime office space in the city is only 730,000 ping.
Mumbai to see nearly 8m sq ft of new office space this year
Supply is expected to outpace demand by the end of the year.
Osaka’s new office stock up 7% in 2022
A total of 130,000sqm was added to the market last year.
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
What are the largest upcoming office projects in Brisbane?
One of them is a 360,000sqm development at 360 Queen Street.
Bengaluru Grade A office rents to rise by up to 3% this year
Around 14 million sq ft of supply is expected to be completed by year-end.
How this new building made an impact on Hanoi’s office market
It had a significant contribution to the city’s high net absorption in Q4 2022.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
Commentary
It’s high time for property developers to implement effective anti-money laundering requirements