Commercial Office
Mumbai cumulative office supply to reach 14-15m sq ft in the next two years
Vacancy rates are expected to be within range.
Osaka to see rising office vacancy rates until Q3 2025
And rents are expected to decline gradually.
Singapore CBD office supply to tighten until 2027
New supply won’t rise again until 2028.
Grade A office rents on Hong Kong Island to decline by up to 3% in 2025
The market’s absorption capacity will be tested next year.
Melbourne office demand to turn positive by late 2025
Space rationalisation is likely to continue.
Regional Japanese office markets see rental growth in H2 2024
Rents in Osaka grew by 2.2% HoH.
Hanoi office stock to grow by 7.7% annually until 2029
Nearly 25,000sqm of new supply will enter the market in 2025 alone.
Kuala Lumpur net office absorption to hit 0.2m sq ft next year
Positive absorption is expected to persist in the near term.
Tokyo new office supply to hit a cyclical peak in 2025
Supply will be 50% higher than the 10-year average.
Regional Japanese office investments grow by 15% in Q3
Investor interest is still robust in Japan’s office sector.
Jakarta office absorption to reach 170,000sqm in 2025
And vacancy is expected to decline.
Sydney new office supply to just average 50,000sqm annually until 2029
The market will have time to absorb the existing supply.According to data from Cushman and Wakefield, in 2024, the Sydney market saw an addition of...
Delhi NCR office rents to grow by up to 2% beyond 2025
Thanks to rising occupier demand.According to a Cushman and Wakefield report, between 2023–24, office rents in Delhi NCR showed steady growth, scaling...
Kowloon office rents to decline by 2-4% over 2025
Analysts believe the market has yet to reach its bottom.
Manila new office supply to reach 170,000sqm in 2025
Altaire Tower is expected to be completed in Q1 next year.
Office rents on Hong Kong Island to decline by up to 3% in 2025
The 2.8m sq ft of new supply will take time to absorb.