Commercial Office
Delhi net office absorption hits a record 4.68m sq ft in H1 2024
Delhi net office absorption hits a record 4.68m sq ft in H1 2024
Net absorption in Q2 alone was at 2.41m sq ft.
Seoul office rents rise by 7.1% in Q2
Rent grew for all submarkets.
Singapore strata office sales drop 15.6% to S$437.3 in H1 2024
There were only 154 transactions during this period.
Taiwan office property sector to be a tenants’ market in 2025
New office supply is expected to peak, and it might take a long time for it to be absorbed.
Sydney CBD office vacancy rate inches up to 12.2% in H1 2024
Large occupiers are moving outside of the city.
Over 1 in 4 Hong Kong office occupiers intend to downsize
Meanwhile, only 19% are planning to expand.
APAC office investment volumes grow 2% to US$23.3b in H1 2024
Investments grew by 5% in Q2 alone.
Canberra Grade B office rents up 0.9% in Q2
Meanwhile, Grade A office rents rose by 2% during the quarter.
Taiwan new office supply reaches 110,668sqm in H1 2024
No more new supply is expected in the second half of the year.
Where do Hong Kong office occupiers prefer to move for their next lease?
Tenants in the CBD are loyal to their current location.
Australia office completions below 10-year historical average
The new completions in H1 2024 are 56% below the average.
Hong Kong office vacancy rate climbs to 16.6% in Q2
This was driven by the Central/Admiralty area.
Sydney CBD to see 155,000sqm of new office stock in H2 2024
This will be from three developments slated to complete during the period.
Adelaide Grade A office rents rise by 1% in Q2
Supply constraints will continue to drive rental growth.
Perth office rents grow 2.3% in Q2
Grade A rents increased by 3%.
Brisbane office vacancy rates at a 10-year low of 11.7%
There has been strong absorption in the prime office segment.
Australia prime office rents up 1% in Q2
This is the strongest growth since Q3 2023.
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