Commercial Office
Which industry accounted for the most office leasing demand in Seoul?
57% of leasing activity came from this sector.
Which industry accounted for the most office leasing demand in Seoul?
57% of leasing activity came from this sector.
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.
Hong Kong Island records office vacancy rate of 8.5% in January
Wan Chai had the highest vacancy rate of 11.8%
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.