Commercial Office
Perth office rents to grow by 6% annually until 2029
Perth office rents to grow by 6% annually until 2029
There is robust demand but only a limited supply.
Osaka net office absorption hits an all-time high of 210,000sqm in 2024
New office stock also reached a record high of 270,000sqm during the year.
Melbourne records over 300,000sqm of new office projects under construction
But only 34% is anticipated to materialise in 2025.
Mumbai annual office supply hits 7.6m sq ft in 2024
Over 1.6m sq ft was added in Q4 alone.
Why Grade B office vacancy rates are expected to rise in Seoul this year
There are several new projects set to enter the market.
How Kuala Lumpur’s office sector maintains its positive momentum
Sustainable spaces are driving leasing activity.
Manila office rents to grow slowly amidst high supply
Office leasing is expected to stabilise moving forward.
Guess which three APAC cities made it to the global list of top 10 prime office costs in Q4
They took the 2nd, 5th, and 6th spot on the list.
Jakarta Grade A office rents decline by 1.1% in 2024
This is despite the slight increase in Q4.
This new office complex will reshape Ho Chi Minh City’s market landscape
It will span 71,500sqm and will materialise in 2025.
Grade A office rents on Hong Kong Island drop 4% in January
And the office vacancy rate remained high at 12.8%.
Kowloon office market demand to remain weak in the near term
The average office size leased declined by 3% to 5,700sq ft in January.
Hanoi Grade A office net absorption hits 17,400sqm in 2024
Thanks to key leases in high-quality buildings.
Bangkok 2024 office take-up hits record high in five years
Full-year absorption reached 107,200sqm.
Delhi office absorption to hit up to 8.4m sq ft by year-end
Gross leasing volume reached an all-time high in 2024.
This is Canberra’s largest office project under construction
It will be completed in Q4 2025.
Bengaluru annual office rents to rise by 4 to 4.5% until 2026
CBD rents are expected to increase by up to 7%.
Most Read
1. Four major Australian CBDs record positive office absorption in Q2 2. Australian industrial take-up hits 1.2m sqm in H1 3. Japan’s slowing hotel pipeline opens door for foreign hotel brands 4. India office leasing volumes soar 20% to 1.2m sqm in Q2 5. Singapore industrial investment sales record sixfold increase in Q2Resource Center
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