Commercial Office

Seoul sees robust office occupier demand, investment sentiment in Q2

All major submarkets in the city recorded positive net absorption during the quarter.

Adelaide offices’ net absorption records first positive quarter since 1Q20

Net absorption hit 1,800sqm in the second quarter of 2021.

What’s driving office occupier demand in Vietnam?

Large transactions of up to 1,000sqm are keeping the market alive.

Melbourne CBD office rents drop for the fifth consecutive quarter

Prime net effective rents fell 2.7% in the second quarter of 2021.

Who will occupy UBS' and StanChart's offices in Singapore now?

UBS' One Raffles Quay space is said to be committed to by L’Oréal and others.

Office tenants in Jakarta still undergoing massive downsizing

One tenant surrendered around 30,000 sqm of space.

Bangkok’s office vacancy rate to hit 16.3% by end-2021

The rising vacancy rate will put further downward pressure on rents.   

APAC office leasing demand growth to hit up to 15% this year

Technology and financial companies are driving the robust leasing activity.

Kuala Lumpur to see more flex office spaces post-pandemic

This is due to its flexibility on lease terms.

APAC Grade A office rental recovery disappoints amidst resurging lockdowns

India, Australia, and other Southeast Asian markets saw weaker than expected recoveries.

Sydney’s sublease offices down 8% in H1 2021 as firms take back space

Subleasing may have reached its peak and the trend is now slowly reversing.

Rightsizing or upsizing: What does the future hold for Singapore’s office market?

The rightsizing trend is expected to materialise over the course of the next 12 months.