Commercial Office
Ten prime office projects currently under construction in Melbourne CBD
Ten prime office projects currently under construction in Melbourne CBD
These projects will deliver over 205,000sqm of new stock by early 2026.
Perth CBD prime net effective office rents to grow by 5.1% in 2025
Rents grew by 3.0% in Q2 2024.
Osaka office vacancy rate rises to 4.1% in Q2
The growth remained modest despite a large supply of over 100,000sqm.
Hybrid work fuels shift to premium offices in Asia
The demand for high-quality and flexible office spaces rises.
Mumbai Grade A office net absorption to reach up to 6.5m sq ft this year
And new supply is expected to hit up to 8.5m sq ft.
Bengaluru office rents to grow by up to 4.5% by year-end
Supply is expected to reach 15 million sq ft this year.
Kowloon office leasing transactions up 20% in July
Tenants continue to favour Kowloon East.
Growing demand for green buildings in Kuala Lumpur drives rent hike
Sustainability continues to be a key trend in the office sector.
Grade A office rents on Hong Kong Island down 2.6% YTD
North Point saw the steepest decline of 9.3%.
Hanoi Grade A office supply reaches 367,090 sqm
A new project added 14,000sqm of space in Q2.
Key office leasing deals in Manila revealed
Net absorption increased to over 82,000sqm in Q2.
Canberra office vacancy rates to grow as new completions enter the market
Three new office projects will bring over 45,000sqm of new stock.
Jakarta office occupancy rate to stabilise at 65% by year-end
Rents are expected to decline at a slower rate.
Ho Chi Minh City Grade A office rents up 2.5% in Q2
This was due to the changes in the list of Grade A projects.
Smaller occupiers to support Brisbane office demand into 2025
These occupiers are expected to expand office space in the near term.
Taiwan office vacancy rate to decrease to 5.3% by end-2024
The ICT and healthcare sectors will continue to drive leasing demand.
Melbourne adds 69,000sqm of new CBD office supply in Q2
There is a further 73,100sqm of space currently under construction.
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
