office sector
Adelaide offices’ net absorption records first positive quarter since 1Q20
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.
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.
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.
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
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.
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
Which office submarket in Seoul showed the most robust leasing demand?
Net absorption in Yeouido increased the most in Q1.
Melbourne sees largest increase in CBD office stock in three decades
Five more new projects are currently under construction.
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