Commercial Office
Seoul prime office net absorption hits 20,000sqm in Q4
The vacancy rate slightly declined to 3.1% during the quarter.
Seoul prime office net absorption hits 20,000sqm in Q4
The vacancy rate slightly declined to 3.1% during the quarter.
APAC rental rates continue decreasing in Q4 2023
The Asia-Pacific office market will continue to favour tenants in 2024.
Jakarta CBD cumulative office supply now at 7.4m sqm
Supply is also expected to increase significantly outside the CBD.
Jakarta has nearly 3 million sqm of unabsorbed office space in 2023
Almost 70% of these are located in the CBD
Hong Kong office rents to decline by 5-10% this year
Landlords will continue to be competitive as high vacancy rates persist.
Osaka’s office market could be ‘challenging’ in 2024: Savills
Many properties will likely face increased competition for tenants.
Guess which APAC city saw the steepest decline in prime office rents in Q4
The overall APAC prime office rental index fell 2.4% in 2023.
APAC office demand to reach pre-pandemic levels in 2024
This demand will be driven by strong growth in India, recovery in China and steady demand in other markets in APAC.
Here’s what to expect from regional Japanese office markets this year
Osaka will be in focus as massive amounts of supply are slated for completion.
Mumbai sees record high quarterly office leasing volume in Q4
Gross leasing volume hit over 5msf during the quarter.
How are investments in regional Japanese office markets faring?
Find out more about a few big-ticket deals closed recently.
Full recovery still far off on the horizon for Tokyo’s office market
Multiple uncertainties are delaying the progress.
Tokyo’s limited 2024 supply forecast to help stabilise the office market
The pipeline for this year is only a third of the 2023 level.
This area was the standout performer in Tokyo’s office market in 2023
It had the lowest vacancy of 1.6% in Q4 2023.
Tokyo Grade B office rents inch up 0.5% in Q4
Shibuya and Shinjuku saw the largest quarterly rise.
Hong Kong Island office rents decline 2% in November
Wan Chai outperformed the other business districts.
Tokyo Grade A office rents rise for second quarter in a row in Q4
Rents in the central five wards grew by 0.5%.
Most Read
1. APAC office demand surges to 2.2m sqm in Q3 2. Singapore private residential vacant stock grows by 18.8% in Q3 3. Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024 4. Singapore CBD Grade A office demand could remain weak until 2026 5. Australian CBD markets record mixed signals for office demand in Q3Resource Center
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
