Commerical Office

Persistent tenant exodus leaves more Hong Kong offices empty in January
23 Feb 21
A total of 366,200 sq ft of Grade A office space was withdrawn last month.
North Sydney to see new wave of office supply with metro developments underway
23 Feb 21
The first significant office project is a 60,000sqm commercial tower above Victoria Cross station.
5 crucial things employees expect of office spaces post-pandemic
23 Feb 21
JLL says we are entering the ‘golden age of the worker’.
APAC office rental index down 0.8% in Q4 2020
23 Feb 21
Mumbai and Hong Kong recorded the most declines of 5.5% and 4.1%, respectively.
Hong Kong office net absorption at its lowest level since 2001
22 Feb 21
Annual net absorption was −1,769,900 sq feet in 2020.
Indian office market recovery driven by strong pre-commitment activity
19 Feb 21
More than half of the Grade A supply in the second half of 2020 was already pre-committed.
Sydney, North Sydney office vacancy rates see largest gains in Q4 2020
17 Feb 21
Vacancies increased 11.9% and 19.1%, respectively.
Professional sector buoys office leasing activity in Hong Kong CBD
17 Feb 21
Two Chinese Mainland financial companies leased an entire floor in Two IFC.
Gross office leasing volumes in India down 28.5% to 50.4m sq ft in 2020
17 Feb 21
Leasing activity was led by Bengalaru.
APAC office vacancies to reach a peak of 15% by end-2023
15 Feb 21
Rising supply will also lift vacancies in Tokyo, Asia’s largest office market.
Landlords splurge on office renovations to coax tenants out of remote working
11 Feb 21
The shift to a hybrid work model is forcing landlords to upgrade office spaces.
South Korea's property transaction volume hits record high of over USD11.7b in 2020
10 Feb 21
Almost a quarter of these transactions are attributable to 4 new office projects.
Australia, Korea, Singapore office markets see renewed investors' interest post-pandemic
8 Feb 21
Meanwhile, Vietnam and Japan attract investors in the logistics sector.
Why the future of office spaces is still mired in uncertainty
2 Feb 21
JLL says both employers and employees themselves still don't know exactly what they want.
New Delhi's office leasing volume down 26.5% to 8.3m sq ft in 2020
2 Feb 21
That is compared to the 5-year average of 11.3m sq ft.
Hong Kong Grade A office rental drop moderates: JLL
28 Jan 21
The decline in rents has abated in recent months as the initial phase of sharp rental corrections ends.
Banking, insurance companies cut real estate footprint whilst ICT firms expand in Singapore
28 Jan 21
Mizuho will trim 16,800 sqft in Asia Square Tower 2 and Sompo Insurance trimmed 40% of its office space at Singapore Land Tower.
Kuala Lumpur's office occupancy rate at a record low of 69.1% in 2H 2020
28 Jan 21
Occupational demand in the KL Fringe was also under pressure at 85.8%.
How APAC property companies are affected by rising social risks post-pandemic
27 Jan 21
The shift to online shopping will reduce demand for retail space, a credit negative as per Moody’s.
Find out how Kuala Lumpur's office leasing market fared in 1H 2020
26 Jan 21
Asking rents prime space in KL City range from RM5.50 per sq ft to RM12.00 per sq ft per month.
Sydney is the number 1 location to invest in this year: Colliers
26 Jan 21
Global investors look favourably towards Australia because of its stability and handling of COVID-19.
5 questions troubling real estate this year
26 Jan 21
At the start of 2021, the real estate industry has a lot to mull over.
Beauty clinics now leasing office spaces in regional Japan
14 Jan 21
Now-flexible landlords are now willing to accept such businesses as tenants under these testing times.
Hong Kong office vacancies still ‘stubbornly high' as corporate woes persist: Savills
14 Jan 21
Wanchai/Causeway Bay and Island East recorded the highest vacancy rates since 2010.
Tokyo Grade A office rents record first yearly decline since 2011
13 Jan 21
Meanwhile, vacancy rates are at their highest in 3 years.
Shared office providers scramble to expand spaces in Tokyo
11 Jan 21
Being located within Tokyo’s central five wards alone will no longer suffice as a feature to attract new tenants.
3 reasons why concerns over Singapore's office market are misplaced
7 Jan 21
The work-from-home setup is not likely to significantly reduce demand.
Malaysia's office market to expand by 10% by 2023
7 Jan 21
80% of the new supply (11.4 million sq ft) will be in Kuala Lumpur.
Investors still seek prime office assets in Australia
5 Jan 21
Savills foresees a divergence of vacancy where secondary stock will find it difficult to compete.
Bangkok's Grade B offices to see largest vacancies in 2021
3 Jan 21
Occupiers will likely move to smaller spaces in the modern buildings currently under construction.
Hong Kong Grade A office rents to fall by up to 10% in 2021
3 Jan 21
Meanwhile, overall Kowloon office rent is expected to inch up by 1-3%..
APAC office rents to decline 2% in 2021
28 Dec 20
Leasing activity and market conditions are likely to remain weaker than they were before the pandemic.
How Hong Kong real estate will be impacted by China's recovery
28 Dec 20
China is forecast to overtake the US as the world’s largest economy by mid-2030.
Taipei's office vacancy rate at a historical low of 2.08%
28 Dec 20
The overall space available for leasing continued to tighten as one building was withdrawn.
Canberra's office market posts 7,000sqm of positive net absorption in Q3
28 Dec 20
The leasing demand was still concentrated in the public sector.
Tokyo office rents and capital values to see correction in 2020: JLL
22 Dec 20
Blame it on the impacts of COVID on corporate expansion.
Find out which Sydney suburb had the largest quarterly decline in office rents in Q3
22 Dec 20
Prime net effective rents declined -12.5% due to a 5.5-ppt increase in incentives.
Investment appetite for Seoul's office market remains intact
22 Dec 20
Thanks to affluent liquidity coupled with the record-low interest rate of 0.5%,.
Melbourne office vacancy at its highest in 20 years
21 Dec 20
CBD vacancy rose from 7.7% to 11.3% in Q3, the largest vacancy result since 1Q 2000.
Bangkok Grade A office vacancy to hit 12.1% in 2021
19 Dec 20
But vacancies will improve moderately to 10% by end-2020.

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