Commercial Office
Nagoya investment-grade office vacancy tightens to 5.7% in H1 2024
Nagoya investment-grade office vacancy tightens to 5.7% in H1 2024
Thanks to strong interest from tenants.
Nagoya office rents inch up by 0.8% in H1 2024
Guess which submarket saw the largest rental growth.
Kowloon’s two notable office lease renewals in June revealed
These cases provide an indication of market rent levels.
Osaka investment-grade office vacancy rates dip to 4% in H1 2024
Meanwhile, all-grade vacancy rates declined to 4.8%.
Grade A office rents on Hong Kong Island down 1.2% in June
North Point recorded the steepest decline YTD.
Osaka to see 40,000 tsubo of new office supply by 2025
A majority will be in the vicinity of Yodoyabashi station.
Is Osaka’s office supply uptick a cause for concern?
Around 90,000 tsubo of net rentable area is expected this year.
What to expect from regional Japanese office markets for the rest of 2024
Temporary disruptions won’t detract from a longer-term growth trajectory.
Seoul office transaction volumes slump to 10-year low in Q2
Investments totalled KRW630.3 billion during the quarter, the lowest since Q3 2014.
Singapore office rental index breaches peak last seen in 2008
The rental index rebounded 3.1% in Q2.
Osaka investment-grade office rents grow by 2.3% in H1 2024
Vacancy loosened slightly by 0.2ppts during the same period.
Seoul prime office face rents rise by 5.7% in Q2
The Gangnam Business District recorded the highest rental growth.
Regional Japanese cities to see elevated volumes of new office completions this year
Osaka will welcome over 90,000 tsubo of NRA in 2024.
Seoul prime office net absorption hits 69,000sqm in Q2
The vacancy rate decreased to 3.2%.
What to expect from Singapore’s office leasing market for the rest of 2024
Savills revised its rental forecast to -1% to +1% for the year.
Singapore CBD Grade A office rents rise for 10th straight quarter in Q2
Rents increased by 0.4% YoY during the quarter.
Singapore Grade A office vacancy rate increases to 6% in Q2
It’s the first increase after two straight quarters of declines.
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