Commercial Office
India gross office leasing down 22% in Q2
Leasing volumes were at 17.4 million sq ft during the quarter.
India gross office leasing down 22% in Q2
Leasing volumes were at 17.4 million sq ft during the quarter.
Hong Kong to see nearly 2 million sq ft of new office space by 2025
Most of it will primarily be in Central and Wan Chai.
Here are the major office projects to watch out for in Tokyo in H2
Bulk of the supply will be from Mori Building’s two developments.
Everything you need to know about fintech leasing in Mumbai
Fintech firms accounted for 25-40% of office leasing in Mumbai in the last two years.
These three APAC cities are likely to see lower office space surplus by 2033
Excess supply across APAC is expected to be the lowest globally.
Tech firms still the second largest driver of office demand in Singapore
This sector accounted for a fifth of new leases in H1.
Oversupply won’t be an issue in the Kowloon office market by 2024: Knight Frank
New office supply will drop to less than a million sq ft.
Hong Kong office vacancy rate hits 12.6% in June
It’s a marginal increase from the previous month’s 12.4%.
Bengaluru records 35% growth in office leasing volume in Q2
Volumes hit over 3msf during the quarter.
Mumbai gross office leasing volume drops 4% to 2.7msf in Q2
The total takeup in H1 was at 5.6msf.
Singapore prime office rents to rise by 3-5% this year
This is higher than the 3% forecast released late last year.
Tokyo to grow office supply significantly until 2026
The sizeable supply expected in 2025 will be sandwiched between quiet years.
Delhi office leasing volume rises 24% to 3.6msf in Q2
This brings total leasing volume in H1 to 6.5msf.
What to expect from Tokyo’s office market in the near term
Savills expects the market to remain stable over the short to medium term.
What’s driving robust office demand in Singapore?
Despite firms’ plans to reduce office footprint, there will still be a net increase in office demand.
Singapore prime office rents up 1.2% in Q2
This brings total rental growth to 2.5% in H1 2023.
Hong Kong office vacancy rate increased to 12.4% in May
Vacancies in Central rose to 9.2%.