office sector

Adelaide offices’ net absorption records first positive quarter since 1Q20

Net absorption hit 1,800sqm in the second quarter of 2021.

Adelaide offices’ net absorption records first positive quarter since 1Q20

Net absorption hit 1,800sqm in the second quarter of 2021.

Flex office spaces gaining momentum in Central Tokyo

WeWork, Spaces, Business-Airport and Human First Time will launch more spaces in Q3 2021. 

Property investors remain attracted to offices in Japan’s regional cities

One company will invest US$10b in Japan, 70% of which will be invested in office buildings.

This region will be a major player in Tokyo’s office market

The area attracts tech giants such as Microsoft, Samsung, and Amazon.

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. 

Cambodia real estate takes sharp turn in H1

An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.

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.

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.

Is the worst finally over for Singapore office rents?

Rents are estimated to have risen 1.2% in Q2, the first ever increase since the pandemic hit.

Taipei Grade A office vacancy at a record low of 2.1% in Q1

Market supply is expected to further tighten until 2023.