Commercial Office
Jakarta office rents down 7.3% in Q1
The rate of decline has slowed over the last two years.
Mumbai office demand to hit up to 6m sq ft this year
And Grade A office supply is forecast to reach 8.4m sq ft.
Manila net office absorption hits 16,900sqm in Q1
Thanks to a number of significant leasing transactions.
Small tenants drive Melbourne office demand in Q1
Net absorption in the CBD reached 8,100sqm during the quarter.
Why supply delays persist in Kuala Lumpur’s office property sector
A project was delayed due to challenges in obtaining necessary permits.
Hanoi Grade A office supply to reach 367,100sqm by end-2024
Thanks to the expected opening of Grand Terra in the CBD.
Kowloon office rents drop for the third straight month in April
Rents declined by 1.7% to HK$22.8 per sq ft.
Office vacancy rate on Hong Kong Island hits a record 12.6% in April
Quarry Bay and Wong Chuk Hang saw a significant increase in vacancies.
IWG launches four new workspaces in the Philippines
New centres cater to growing demand for flexible workspaces.
Delhi’s Q1 office demand reaches all-time highs in 4 years
Net absorption hit over 2 million sq ft in Q1.
HCMC Grade A office rents rise 1.8% in Q1
Monthly rents were at USD48.3 per sqm.
Canberra to see over 72,000sqm of new office space this year
This will push vacancy rates upwards.
Bengaluru office leasing activity hits 3.1m sq ft in Q1
Nearly 40% of the activity is from the manufacturing and industrial industry.
Brisbane CBD office vacancy rate hits 5-year low of 11% in Q1
The vacancy rate dipped by 0.1 percentage points.
Tokyo Grade A office rents rise for the first time in four years
Rents inched up by 0.9% in Q1.
Adelaide office demand hits 11,000sqm in Q1
Thanks to the government’s expansionary activities.