Commercial Office
Korean office transactions reach over US$14b in 2021
It exceeded the US$13.6b worth of transactions in 2020.
Korean office transactions reach over US$14b in 2021
It exceeded the US$13.6b worth of transactions in 2020.
Seoul Grade A office rents hit record highs
Rents reached KRW100,400 per pyeong in the final quarter of 2021.
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.
Most Read
1. Hong Kong Residency rule could boost office sector 2. Singapore’s residential supply overhang now ‘purged from the system’ 3. Current trends in Kuala Lumpur’s office market revealed 4. Seoul to see over 4,000 new luxury hotel rooms by 2030 5. Bangkok office supply to hit 1.8m sqm by year-endResource Center
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
