sydney office property market
Sydney net office absorption drops to -8,900sqm in Q1
Blame it on major occupiers vacating their offices.
Sydney net office absorption drops to -8,900sqm in Q1
Blame it on major occupiers vacating their offices.
Sydney to add over 150,000sqm of new office space in 2022
Gross face rents are still at $1,355 sqm per annum on average.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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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.
