Commercial Office
Mumbai office leasing activity down 10.8% to 1.5m sq ft in Q3
Mumbai office leasing activity down 10.8% to 1.5m sq ft in Q3
Navi Mumbai accounted for almost a quarter of the leasing volume.
Manila office absorption increases to 20,500sqm in Q3
Thanks to a stronger leasing market.
Flight-to-quality, competitive rents to dominate Jakarta’s office market in 2024
No new supply is expected for next year.
Kuala Lumpur office rents reach record highs
Grade A office rents rose by 7.9% in Q3.
Hanoi Grade A office rents to grow by less than 1% by year-end
And vacancy is expected to rise significantly.
Hong Kong Grade A office rents down 2.3% in Q3
Hong Kong East saw the steepest decline of 4.6%.
Delhi gross office leasing volume hits nearly 3m sq ft in Q3
Net absorption rose to 1.7 million sq ft during the quarter.
Ho Chi Minh City’s Grade A office supply hits 456,200sqm in Q3
Thanks to the launch of units in The Hallmark and The METT.
Adelaide office sector records highest net absorption since 2008
Net absorption was at 37,500sqm in Q3.
Bangkok prime office rents inch up 0.3% in Q3
New completions drove the rise in gross rents.
Canberra office market registers negative demand in Q3
Net absorption hit -24,200 during the quarter.
Bengaluru office space supply hits 2-year high in Q3
Supply grew by 133% compared to the prior quarter.
Brisbane CBD office vacancy rate hits record lows since 2019
The vacancy rate declined to 11.5%, the lowest since Q3 2019.
Office rents on Hong Kong Island slip 0.3% in October
Central saw the biggest fall of 0.5%.
Bangkok to see nearly 500,000sqm of new office supply in 2024
It’s an increase from the projected 345,000sqm of new supply for 2023.
Indian office sector records highest net absorption of the year in Q3
Net absorption was at 8.3msf in Q3, the highest in 2023.
What does the future look like for Thailand’s office property market?
Landlords are increasingly adopting the build-to-suit and ready-to-move-in models.