Commercial Office

Hong Kong office rents expected to drop by 5% this year

Office leasing activity is forecast to improve in H2.

Seoul CBD prime office vacancy rate expected to edge up in Q3

There are several lease expirations and downsizing transactions.

Jakarta Grade A office vacancy rate to decline to 34% by year-end

There are no new completions expected in the near term.

These are the key office developments to watch out for in Hanoi

Starlake NUA is set to emerge as a new Grade A office cluster.

Seoul Q2 office transaction volume grows 1.5x higher than 2024 levels

Total investment volume hit KRW5.8 trillion or USD4.2 billion.

Bangkok to welcome two new office projects by year-end

The projects will yield 161,000sqm of new stock.

Bengaluru gross office leasing volume hits 11.8m sq ft in H1

This is the second consecutive half-yearly volume above 10m sq ft.

Adelaide office absorption drops to 3,600sqm in Q2

It was almost halved from the prior quarter.

Seoul prime office net absorption down 5,900sqm in Q2

GBD was the only district to record positive net absorption.

Four major Australian CBDs record positive office absorption in Q2

The occupied stock in Sydney alone grew by a massive 23,546 sqm.