Commercial Office

Manila net office take-up to reach 3.3m sq ft this year

And residential vacancy rates could ease to 16.2%.

Office vacancy rate in Hong Kong Central stable at 7.2% in March

Vacancy rates in Admiralty and Wan Chai were at 8.4% and 11.2%, respectively.

New Delhi gross office leasing jumps 55% to 3.18msf in Q1

This is the second highest quarterly leasing since the pandemic hit.

Hong Kong office vacancy rate drops to 9.1% in February

Kowloon East recorded the highest vacancy rate at 12.4%. 

3 cities that will propel India’s office property sector this year

These cities are expected to drive strong supply and demand conditions throughout the year.

Japanese businesses rely on properties to mitigate financial woes

They are selling their realties or converting their real estate into business assets.

Manila office rents inch up 0.6% in 4Q21

Capital values also incrementally increased by 0.8% q-o-q.

Taipei troubled by tight office space supply over the next 12 months

The new leasable supply was nearly fully pre-committed in 4Q21.

How workplaces will be like in 2022

Hybrid workplaces and ESG goals are set to influence the market going forward.

Tokyo office rents still on a downtrend for nearly two years now 

Office rents declined for the seventh consecutive quarter in 4Q21.

Around 6.5m sq ft of new Grade A office space expected in Mumbai this year

This is if construction activity is not slowed down by further restrictions.

Melbourne records positive office net absorption for third consecutive quarter

Melbourne CBD office saw net absorption of 12,700 sqm in 4Q21.

Jakarta Grade A office rents decline 8.1% for full-year 2021

Rent decreased 2.5% in the final quarter of the year.

Delhi NCR to see 9.3m sq ft of new office space in 2022

This supply pipeline will largely be in the Gurgaon and Noida submarkets.

Hanoi Grade A office vacancy rate drops by 1.7% in 4Q21

Thanks to the strong demand for large spaces from the banking and tech sectors.