Commercial Office
Why Seoul’s office transaction volumes crashed in Q1
The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.
Why Seoul’s office transaction volumes crashed in Q1
The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.
Seoul prime office rents record highest increase since 2008
Face rents grew 8.1% in the first quarter of 2023.
Mumbai office leasing plummets 32% to 3.05msf in Q1
Smaller sized transactions dominated fresh leases.
Singapore Q1 office rental growth maintains its momentum from 2022
The office rental index grew 5.1% in Q1.
Here’s what to expect from Seoul’s office property sector this year
Find out which projects are slated for completion.
Net absorption in Seoul CBD’s office sector falls for the first time since 2021
It stood at -2,700sqm in Q1 2023.
Delhi NCR office leasing volume drops 27% to 2.9msf in Q1
Fresh leases accounted for 86% of the activity during the quarter.
New office development lull looms in Sydney this year: JLL
Less than 20,000sqm of new stock is expected to be completed.
Seoul office net absorption still on a positive streak for 11 consecutive quarters
The city’s Q4 net absorption was at 14,800 pyeong.
Why Taipei sees increasing demand for prime office space
The total prime office space in the city is only 730,000 ping.
Mumbai to see nearly 8m sq ft of new office space this year
Supply is expected to outpace demand by the end of the year.
Osaka’s new office stock up 7% in 2022
A total of 130,000sqm was added to the market last year.
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
What are the largest upcoming office projects in Brisbane?
One of them is a 360,000sqm development at 360 Queen Street.