News

Hong Kong office rents decline by 1.3% in Q1

Hong Kong office rents decline by 1.3% in Q1

There were blanket declines across all submarkets during the quarter.

Three new hotels set to open in Jakarta by year-end

There will be two 4-star hotels and one 5-star hotel.

Canberra net office absorption hits 4,400sqm in Q1

Smaller tenants drove the positive demand.

Seoul shopping mall rents down 2.3% in Q1

High street rents still saw a slight growth during the quarter.

Adelaide adds 24,000sqm of new logistics supply in Q1

There are an additional 12 projects currently under construction.

Hanoi to see two new Grade A office projects this year

These will yield 34,400sqm of new office space.

Brisbane CBD prime office rents up 3.6% in Q1

Rents in the Near City rose faster at 4.3%.

Net office absorption in Ho Chi Minh City hits 10,000sqm in Q1

Premium offices drove leasing demand in the quarter.

Bengaluru office demand hits a record 3.2m sq ft in Q1

This is the highest absorption level for an opening quarter.

Manila residential vacancy dips to 6.9% in Q1

Thanks to solid demand in Makati and Taguig. 

Five hotels now under construction in Sydney CBD

These projects will add over 1,000 rooms to the hotel market.

Flight-to-quality trend persists in Bangkok’s office market

The Q1 absorption of 17,300sqm was driven by relocation to premium buildings.