Commercial Office
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
Non-IT occupiers accounted for most of the absorption.
Hanoi to welcome two new Grade A office projects in Q4 2022
This brings the total leasable area to 598,400sqm by the end of the year.
Perth CBD office vacancy rate rises to 20.1% in Q2
It grew by 0.4 percentage points.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Kuala Lumpur to see over 3m sq ft of new office supply by year-end
The weak demand and oversupply are expected to accelerate rental decline.
Jakarta Grade A office rents down 2.4% in Q2
On a year-on-year basis, rents decreased 9.6%.
Brisbane CBD office vacancy rate hits 15.4% in Q2
It’s still higher than the 10-year quarterly average of 15.3%.
Delhi sees 1.41 million sq ft of new office space supply in Q2
Over half of the new supply is in Gurgaon.
Adelaide office net absorption turns negative for the first time in a year
Quarterly net absorption was at -11,800sqm in Q2.
Hong Kong Island office vacancy rate reaches 19-year high of 9.2% in July
It is the highest vacancy rate since 2003.
Bangkok prime gross office rents dip 1.6% in Q2
Capital values slightly increased by 0.3% during the quarter.
Here’s how Seoul’s business districts are likely to perform in H2
Office leasing activity is expected to be subdued for the remainder of the year.
How the office market in Bengaluru, India expanded northward
Several office projects are slated for completion in North Bengaluru between 2022-2026.
Seoul prime office rents up 2.7% in Q2
The Gangnam Business District saw the highest growth of 4%.
Singapore prime business park rents inch up 0.7% in Q2
The vacancy rate was at 14.9%.
Hong Kong office rents slip 0.1% in July
Vacancy rate rose to 9.6% during the month.