Commercial Office
India to see nearly 4m sqm of new office space in 2025
India to see nearly 4m sqm of new office space in 2025
Rents are expected to remain stable this year.
Southeast Asia’s 2024 average office rental growth hits 2.3%
Bangkok rents led the region with a 6.1% increase.
APAC Grade A office supply to increase by 7% this year
This is higher than the 4% growth in 2024.
Why APAC office markets will still see rental growth this year
Moderate increases of 1-2% are expected to materialise.
Australia office rents up 1.9% in 2024
Brisbane saw the fastest rental growth rate of 11.8%.
Singapore CBD Grade A office rents to remain flat this year
New supply during the year is at a low of 553,000sq ft.
Singapore CBD Grade A office rents rise for third straight quarter in Q4
Rents increased by 0.6% during the quarter.
Guess which city was the outperformer in Australia’s office market in Q4 2024
It recorded the strongest net absorption at 16,300sqm.
Jakarta CBD to see 100,000sqm of new office space until 2028
Outside the CBD, around 240,000sqm of new stock is expected to materialise.
Singapore CBD’s Q4 Grade A office vacancy rate hits record highs since 2018
The vacancy rate rose to 8% in Q4.
Jakarta CBD average office rents decline 7% in 2024
It was part of landlords’ ongoing efforts to boost occupancy rates.
Tokyo’s 2025 new office supply to exceed 2023 levels
Most of the new stock will be focused in Minato.
Jakarta office occupancy slightly increases to 74% in 2024
Thanks to the strong demand for Grade A office buildings.
Kowloon office market to remain soft in 2025: Knight Frank
Older buildings are expected to keep facing tough competition.
Office rents on Hong Kong Island drop by 4.4% in December
The vacancy rate remained high at 12.9% during the month.
Cross-border capital reemerging in Sydney’s office investment market
Foreign investors accounted for 56% of investments in the year to October.
How Sydney’s new metro will transform the office market
Deal volume already surged 54% YoY to AU$4.8b over the year to October 2024.