Commercial Office
Kowloon office rents drop for the third straight month in April
Rents declined by 1.7% to HK$22.8 per sq ft.
Kowloon office rents drop for the third straight month in April
Rents declined by 1.7% to HK$22.8 per sq ft.
Office vacancy rate on Hong Kong Island hits a record 12.6% in April
Quarry Bay and Wong Chuk Hang saw a significant increase in vacancies.
IWG launches four new workspaces in the Philippines
New centres cater to growing demand for flexible workspaces.
Delhi’s Q1 office demand reaches all-time highs in 4 years
Net absorption hit over 2 million sq ft in Q1.
HCMC Grade A office rents rise 1.8% in Q1
Monthly rents were at USD48.3 per sqm.
Canberra to see over 72,000sqm of new office space this year
This will push vacancy rates upwards.
Bengaluru office leasing activity hits 3.1m sq ft in Q1
Nearly 40% of the activity is from the manufacturing and industrial industry.
Brisbane CBD office vacancy rate hits 5-year low of 11% in Q1
The vacancy rate dipped by 0.1 percentage points.
Tokyo Grade A office rents rise for the first time in four years
Rents inched up by 0.9% in Q1.
Adelaide office demand hits 11,000sqm in Q1
Thanks to the government’s expansionary activities.
Bangkok to see over 420,000sqm of new office supply this year
The vacancy rate could hit 24% by year-end.
Jakarta office occupancy to reach 76% by year-end
The average occupancy rate in the CBD was at 74.7% in Q1.
Delhi gross office leasing volume drops 21% to 2.9msf in Q1
Fresh space takeup accounted for 70% of the deals.
Jakarta office space demand to hit up to 150,000sqm per year till 2026
Rightsizing continues to be a trend amongst occupiers.
Mumbai office net absorption up 10% to 2.5msf in Q1
Thanks to a large pre-commitment deal.
Why is Singapore’s office leasing market in limbo?
There are no significant demand drivers replacing the tech firms.
How expensive is an average office fit out in APAC?
Singapore ranks 14th in average fit out cost in the region.