Commercial Office
Hong Kong office rents to decline by 5-10% this year
Landlords will continue to be competitive as high vacancy rates persist.
Hong Kong office rents to decline by 5-10% this year
Landlords will continue to be competitive as high vacancy rates persist.
Osaka’s office market could be ‘challenging’ in 2024: Savills
Many properties will likely face increased competition for tenants.
Guess which APAC city saw the steepest decline in prime office rents in Q4
The overall APAC prime office rental index fell 2.4% in 2023.
APAC office demand to reach pre-pandemic levels in 2024
This demand will be driven by strong growth in India, recovery in China and steady demand in other markets in APAC.
How are investments in regional Japanese office markets faring?
Find out more about a few big-ticket deals closed recently.
Mumbai sees record high quarterly office leasing volume in Q4
Gross leasing volume hit over 5msf during the quarter.
Here’s what to expect from regional Japanese office markets this year
Osaka will be in focus as massive amounts of supply are slated for completion.
Full recovery still far off on the horizon for Tokyo’s office market
Multiple uncertainties are delaying the progress.
Tokyo’s limited 2024 supply forecast to help stabilise the office market
The pipeline for this year is only a third of the 2023 level.
This area was the standout performer in Tokyo’s office market in 2023
It had the lowest vacancy of 1.6% in Q4 2023.
Tokyo Grade B office rents inch up 0.5% in Q4
Shibuya and Shinjuku saw the largest quarterly rise.
Hong Kong Island office rents decline 2% in November
Wan Chai outperformed the other business districts.
Tokyo Grade A office rents rise for second quarter in a row in Q4
Rents in the central five wards grew by 0.5%.
Delhi gross office leasing volume hits 3.7msf in Q4
This is the highest recorded volume in 2023.
Japanese investors shift focus to APAC’s alternative assets amidst high interest rate
Japanese investors are actively seeking higher returns within the Asia-Pacific region.
Why APAC is well-positioned to build an ESG-compliant office portfolio in 2024
80% of buildings in the region are 40 years or younger.
Taipei CBD to see 39,000 ping of new gross leasable office space in 2024
Rents are expected to continue rising until 2027.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
