News
Melbourne CBD records highest office vacancy rate since 1998
Melbourne CBD records highest office vacancy rate since 1998
The headline vacancy rose to 15.4% in Q4 2022.
Singapore CBD Grade A office rents up 1% in Q1
This is the first time in five quarters that rental growth slowed down.
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
Three new shopping malls to open in Jakarta in 2023
Knight Frank said six more malls will open by 2025.
What are the largest upcoming office projects in Brisbane?
One of them is a 360,000sqm development at 360 Queen Street.
Tokyo industrial sector’s net absorption hits over 2 million sqm in 2022
It was very close to 2019 absorption levels.
Sydney’s Q4 industrial transaction volume breaches 10-year quarterly average
Transaction volumes hit AUD 745.9 million in Q4 2022.
Bengaluru Grade A office rents to rise by up to 3% this year
Around 14 million sq ft of supply is expected to be completed by year-end.
Perth industrial takeup hits 228,600sqm over the last year
This is more than the 10-year average of 205,000sqm.
How this new building made an impact on Hanoi’s office market
It had a significant contribution to the city’s high net absorption in Q4 2022.
Canberra annual net office absorption hits 10-year high in 2022
Net absorption totalled 47,600sqm during the year.
Kuala Lumpur’s office supply pipeline to deliver over 3m sq ft by end-2023
JLL says this will likely keep rents suppressed and vacancy rates relatively high.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Seoul’s Q4 industrial vacancy rate at its highest since 2020
The vacancy rate was at 8.2%.
Delhi to see around 9.5m sq ft of new office supply this year
Tech firms, flex operators, and healthcare firms are expected to drive demand.
Adelaide office vacancy rate rises to 16.5% in Q4
Net face rents also grew 2.6% in the quarter.
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
