office leasing
3 in 10 APAC firms to increase office space in the next 3 years
51% also expect to move headquarters in the same time frame.
3 in 10 APAC firms to increase office space in the next 3 years
51% also expect to move headquarters in the same time frame.
This region will be a major player in Tokyo’s office market
The area attracts tech giants such as Microsoft, Samsung, and Amazon.
New Delhi’s net office absorption plummets 67% in Q2
There have been very few fresh leasing and some spaces are being vacated.
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Mumbai’s gross office leasing volume drops 51% to 0.78 msf in Q2
The Malad-Goregaon submarket accounted for 22.5% of the overall leasing activity.
Jakarta tagged as the most variable market for office rents in APAC
Between 2010 and 2015 rents in Jakarta more than doubled and then subsequently tumbled by 30% over the next five years.
Here’s a rundown of how APAC office rents will fare for the rest of this year
Rents are forecast to decline by an average of 1.7% across the region.
Singapore Grade A office vacancy rate hits record high since 2018
Vacancies reached 4.6% in Q2 2021, the highest since the 4.9% rate recorded in Q1 2018.
Guess which property sector will be the dominant asset class in 2022
60% of all investment is expected to flow into this sector in major APAC cities.
Australia’s office property sector “surprisingly resilient” amidst pandemic: Savills
Several big-ticket deals signal investor confidence in the sector.
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Island rents saw the lowest rate of decline since Q1 2020.
Seoul sees robust office space demand from tech occupiers
Firms may consider Seongsu-dong, Guro and Gwacheon as new locations for expansion.
Hong Kong records positive office absorption for the first time since 2019
Overall net absorption was 116,300 sq ft in May.
Why tech firms in India should consider North Bengaluru for expansion
Its proximity to the airport is a huge plus.
Tech firms to account for up to 25% of APAC office leasing demand over the next five years
Beijing, Shanghai, Bengaluru, Shenzhen and Singapore are the top 5 technology centres in the region.
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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.
