Commercial Office
How will APAC corporate real estate leaders manage their portfolios post-pandemic?
Nearly 1 in 2 leaders expect to rationalise their portfolio and decrease their total footprint.
How will APAC corporate real estate leaders manage their portfolios post-pandemic?
Nearly 1 in 2 leaders expect to rationalise their portfolio and decrease their total footprint.
Demand for hub and spoke offices drives interest to this new development in Sydney
Flexible hub and spoke workplaces are emerging as a sought-after option as businesses assess their options in a post COVID-19 environment.
Net effective rents for Kuala Lumpur offices dip 1.1% in Q2
Tenants and prospects were looking for more discounts and longer rent free period from landlords, as most companies were trying to curb operational...
Seoul's office vacancy rate up from 6.8% to 9.5% in Q2
Vacancy rates soared as two new office buildings in the CBD were completed.
Vietnam's Grade A office rents grew for 13 straight quarters
Monthly rents inched up 0.6% to USD 47.4 per sqm in Q2.
Australian suburbs to flourish as flex workplace models boom
Flex space drove 109,000sqm or 31% of net absorption in Australian office markets over 2018-19.
Bangkok records largest amount of new office space supply since 2015
79,000 sqm of new supply were added in Q2, the largest amount in a single quarter since Q1 2015.
Taipei office vacancy rate drops to 2.3% as leasing demand picks up
Vacancies almost hit the historic low of 2.1% in Q4 2019.
Regional Japanese office rents rise but vacancies "extremely tight": Savills
Vacancy rate in Fukuoka is the lowest among all regions at 0.3%.
APAC office investment sales down 48% to USD21.6b in H1
But volumes rose 17% QoQ due to a pick-up in Shanghai, Beijing and Singapore.
New Delhi to post the highest office vacancy rate in APAC by end-2020
Delhi, Shanghai, Shenzhen and Chengdu will have vacancy rates in excess of 20%.
Jakarta's Grade A office leasing activity to pick up from Q3: JLL
But net absorption is likely to be down YoY.
New office supply in APAC up 12% YoY in Q2, driven by India and Melbourne CBD
Aggregate new supply in the 19 APAC cities that Colliers tracks closely reached about 1.42 million square metres in Q2 2020.
Office space absorption in APAC to drop 41% over 2020
Absorption fell 56% QoQ to 0.48 million square metres in Q2.
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Rental growth rate in Tokyo's prime office market at its lowest since 2016
Grade A office rents inched up by a mere 0.2% in Q2 2020.
Singapore strata office unit sales drop to a measly 79 in H1 2020
This translates to a total transacted value of S$272.2m, down 42.3% from S$471.4m in H2 2019.
Most Read
1. Investment opportunities in Australia’s student accommodation sector revealed 2. APAC prime office rents drop for the seventh consecutive quarter 3. Singapore office vacancy rate hits record low in over 7 years 4. Singapore Q1 private home transactions down 2.4% to 4,230 units 5. Singapore private home price hike slows to 1.4% in Q1Resource 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.
