Commercial Office
Bengaluru Grade A office supply drops 51% to 2.31m sq ft in Q2
The secondary business district dominated new completions.
Bengaluru Grade A office supply drops 51% to 2.31m sq ft in Q2
The secondary business district dominated new completions.
Adelaide adds 21,000sqm to its office supply pipeline in Q2
Thanks to Kyren Group’s Franklin Street project.
Why Hong Kong’s office vacancy has now hit 30-year highs
The overall vacancy rate is at 12.6% as of Q2.
Mumbai to see nearly 6m sq ft of new office space in H2
Supply is expected to outpace demand, driving up vacancy rates.
What was the most notable office project completed in Melbourne in Q2?
It was the refurbishment of an 8,000sqm property.
Sydney’s office sector records -35,000sqm net absorption in Q2
Find out which firms drove this negative absorption.Â
Manila office rents dip 0.1% in Q2
The rate of rental decline has slightly improved.
Kuala Lumpur sees three new Grade A offices in Q2
Overall vacancy rates remained stable.
Seoul’s Grade A office vacancy rises for the first time since 2021Â
The vacancy rate grew by 94 bps to 2.0% in Q2.
Osaka office vacancy rate stable at 3.4% in Q2
No new projects were completed during the quarter.
What’s driving Taipei’s 2.4% office rental growth in Q2?
The Grade A sector in Xinyi District played a key role.
Perth CBD office vacancy rate drops to 18.5% in Q2
Net absorption was at 18,000sqm during the quarter.
Tokyo Grade A office absorption hits 188,000sqm in Q2
This is almost 200% of full-year 2022’s net absorption level.
3 reasons why demand for Singapore’s prime freehold strata offices should endure
Singapore’s growing pool of family offices and UHNWIs is one.
Adelaide CBD’s secondary office vacancy rate reaches record lows since 2012
Secondary vacancy was at 14.2% in Q2.
Does Greater Kuala Lumpur have enough green offices to meet the soaring demand?
The city is about 2.5 to 5 million square feet short of green office supply.
Office rents on Hong Kong Island slip 0.3% in July
Causeway Bay rents declined 0.7%.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
