apac office leasing market

High-cost markets see renewed leases, while some push for premium office spaces.

Uncertain economic conditions push occupiers to prioritise lower rent.

JLL outlines three primary reasons driving the trend.

Over half of APAC firms say remote working is likely to be available to all by 2025.

Supply will increase 13% y-o-y to hit 6.9 million sqm.

Leasing volumes increased 25% in Q3.

Blame it on supply chain disruptions and labour shortages amidst the pandemic.

Grade A net absorption increased 28% in Q3 alone.

Southeast Asian cities have not seen many workers going back to offices just yet.