Commercial Office

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.

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.

Seoul office investment volumes hit nearly USD3.3b in Q3

Seoul's cap rate dipped 10bps to 3.8% in the same 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.

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.