Commercial Office

4 trends to watch in Singapore’s office property market

There may be a ‘severe shortage’ of office space in 3 to 5 years’ time.

Singapore CBD Grade A office vacancy rates slip to 5.6% in Q4 2021

The high vacancy rates in Shenton Way was offset by the declines in other submarkets.

Hong Kong overall office vacancy rate down to 9.4% in January

Kowloon East still had the highest vacancy rate at 12.4%.

APAC investments into London’s office market to double to £4.1b in 2022

This accounts for 39% of all inbound investment into the city.

Why tech giants want their office space and what does this mean for the real estate industry

The tech industry accounted for 40% of the demand for office space, up from 20% in 2019.

No one size fits all: Firms turn to experience as they fit out spaces in the permanent hybrid setup

Cushman & Wakefield said modern workplaces will see variations of hybrid fit-out, either simple or complex.

India’s office supply to grow by 30-35% this year

Meanwhile, gross leasing is expected to grow 15-20% y-o-y. 

Sydney to add over 150,000sqm of new office space in 2022

Gross face rents are still at $1,355 sqm per annum on average.

Fresh leasing dominates India’s office market in Q4 2021

It surged 77% to 12.2 million square feet during the quarter.

Mumbai gross office leasing volume sees robust 25.3% growth in 2021 

Leasing volume hit 10.42msf, nearly half of which are fresh leases.

APAC to sustain growth in commercial real estate investment in 2022: CBRE 

CBRE sees a 5% to 10% growth in total transaction volumes this year.  

Flight-to-quality: Firms reconfigure to smaller but better spaces

Knight Frank also expects rents to increase 3% to 5% this year.

5 key trends to watch out for in New Zealand’s office property market

One of them is medium lease terms, with 81% of new leases ranging from 1-6 years. 

Office and hotel property investments in APAC to jump by up to 30% this year

Value-add strategies will prove to be especially useful in the office market.

New Delhi office leasing volume up 17% to 9.9msf in 2021

67% of all leasing transactions during the year were in Gurugram.