Commercial Office
Delhi gross office leasing volume hits 3.7msf in Q4
This is the highest recorded volume in 2023.
Japanese investors shift focus to APAC’s alternative assets amidst high interest rate
Japanese investors are actively seeking higher returns within the Asia-Pacific region.
Why APAC is well-positioned to build an ESG-compliant office portfolio in 2024
80% of buildings in the region are 40 years or younger.
Taipei CBD to see 39,000 ping of new gross leasable office space in 2024
Rents are expected to continue rising until 2027.
Singapore office completions to hit 7-year high in 2024
Two major projects are expected to be completed next year.
Osaka office rents decline by 2.9% in Q3
There is significant supply expected by next year, causing rents to trend lower.
Perth CBD office demand grows for eighth consecutive quarter
Net absorption hit 22,300sqm in Q3.
Office, multifamily sectors see most drop in investments
Investment in office and multifamily sectors plummet amid rising interest rates and economic uncertainty, with strategies for recovery in focus.
Sydney CBD records steepest negative office demand in Q3
Net absorption in the area was -25,100sqm during the quarter.
Tokyo’s 2023 new office supply expected to reach record levels
It’s set to be the second largest supply volume according to JLL data.
Seoul’s Grade A office leasing market remains healthy despite negative absorption
Demand in Gangnam reached record highs since Q1 2022.
Melbourne CBD office vacancy rate stable at 16.2% in Q3
The city recorded negative net absorption of -9,800 during the quarter.
Mumbai office leasing activity down 10.8% to 1.5m sq ft in Q3
Navi Mumbai accounted for almost a quarter of the leasing volume.
Manila office absorption increases to 20,500sqm in Q3
Thanks to a stronger leasing market.
Flight-to-quality, competitive rents to dominate Jakarta’s office market in 2024
No new supply is expected for next year.
Kuala Lumpur office rents reach record highs
Grade A office rents rose by 7.9% in Q3.
Hanoi Grade A office rents to grow by less than 1% by year-end
And vacancy is expected to rise significantly.
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1. Frasers Property unveils One Bangkok 2. Is the residential sales momentum in Singapore running out of steam? 3. Hong Kong office market grappling with record high vacancy rates 4. These were the largest commercial property transactions in Singapore in Q3 5. APAC prime office rents show signs of bottoming out 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.
