Commercial Office
Singapore Grade A office rents grew 4.2% in 2021
Singapore Grade A office rents grew 4.2% in 2021
JLL expects rents to grow twice as fast this year.
Flight to quality supports office rental growth in Auckland
Average prime rents rose 1% to NZD 521 per sqm per annum in Q3 2021.
Hong Kong Grade A office rents to jump by 5-10% in 2022
The recentralisation trend is expected to underpin rental growth.
Tokyo office vacancy to rise significantly in 2023
Blame it on oversupply and underwhelming demand.
Canberra records over AUD250m office transactions in Q3 2021
The largest sale was worth nearly AUD100m.
Brisbane office vacancy declines for the first time since 4Q19
Vacancy rate fell to 15.8% in the CBD in Q3 2021.
Office vacancies in Kuala Lumpur slated to reach record highs
Blame it on significant increase in supply coming in the next quarters.
Sydney records robust office supply pipeline with 21 projects underway
These projects will yield 396,900sqm of office space.
Seoul office investment volumes hit nearly USD3.3b in Q3
Seoul's cap rate dipped 10bps to 3.8% in the same quarter.
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.
Tokyo office vacancy rate hits a record 3.1% in Q3
This is the first time the vacancy rate exceeded 3% since 2017.
Jakarta Grade A office rents down 2.2% in Q3
There are still massive discounts available for tenants.
APAC office leasing volumes finally returning to pre-pandemic levels
Leasing volumes increased 25% in Q3.
Hong Kong overall office rents slip 0.5% in Q3
But rents in Central inched up 0.6%.
Bangkok office rents decline for the fifth consecutive quarter
Rents dropped 5.2% y-o-y in Q3 2021.
Vietnam Grade A office rents slip 0.25% in Q3
But rents were mostly resilient during the quarter.
New Delhi office net absorption surges 131% to 1.41m sq ft in Q3
All thanks to solid precommitment in new office buildings.