Commercial Office
Tokyo office vacancy rate rises for the first time in two quarters
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Sydney CBD’s total office space stock now at 5.2m sqm
The Quay Quarter Tower recently added 88,000 sqm of premium office space.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Osaka gross office rents down 0.7% in Q2
Rents averaged JPY 22,885 per tsubo per month.
Melbourne CBD office vacancy hits 15% in Q2
This is almost as high as the record levels in 1999.
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Mumbai Q2 office net absorption declines 8% to 1.33m sq ft
Non-IT occupiers accounted for most of the absorption.
Hanoi to welcome two new Grade A office projects in Q4 2022
This brings the total leasable area to 598,400sqm by the end of the year.
Perth CBD office vacancy rate rises to 20.1% in Q2
It grew by 0.4 percentage points.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Kuala Lumpur to see over 3m sq ft of new office supply by year-end
The weak demand and oversupply are expected to accelerate rental decline.
Jakarta Grade A office rents down 2.4% in Q2
On a year-on-year basis, rents decreased 9.6%.
Brisbane CBD office vacancy rate hits 15.4% in Q2
It’s still higher than the 10-year quarterly average of 15.3%.
Delhi sees 1.41 million sq ft of new office space supply in Q2
Over half of the new supply is in Gurgaon.
Adelaide office net absorption turns negative for the first time in a year
Quarterly net absorption was at -11,800sqm in Q2.
Hong Kong Island office vacancy rate reaches 19-year high of 9.2% in July
It is the highest vacancy rate since 2003.
Bangkok prime gross office rents dip 1.6% in Q2
Capital values slightly increased by 0.3% during the quarter.
Most Read
1. Singapore private home price growth slows to 0.3% in Q1 2026 2. Singapore executive condo sales top 1,000 units for the first time in 13 quarters 3. Singapore ranked priciest city for office fit-out in APAC 4. Strong fundamentals support Japan real estate outlook into 2026 5. Southeast Asia real estate investment set to hit US$21.8b on safe haven demandResource Center
Read Here
Advertise
Sign Up
Event News
He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
