Commercial Office
Australia office completions below 10-year historical average
Australia office completions below 10-year historical average
The new completions in H1 2024 are 56% below the average.
Hong Kong office vacancy rate climbs to 16.6% in Q2
This was driven by the Central/Admiralty area.
Sydney CBD to see 155,000sqm of new office stock in H2 2024
This will be from three developments slated to complete during the period.
Adelaide Grade A office rents rise by 1% in Q2
Supply constraints will continue to drive rental growth.
Perth office rents grow 2.3% in Q2
Grade A rents increased by 3%.
Brisbane office vacancy rates at a 10-year low of 11.7%
There has been strong absorption in the prime office segment.
Australia prime office rents up 1% in Q2
This is the strongest growth since Q3 2023.
Nagoya investment-grade office vacancy tightens to 5.7% in H1 2024
Thanks to strong interest from tenants.
Nagoya office rents inch up by 0.8% in H1 2024
Guess which submarket saw the largest rental growth.
Kowloon’s two notable office lease renewals in June revealed
These cases provide an indication of market rent levels.
Osaka investment-grade office vacancy rates dip to 4% in H1 2024
Meanwhile, all-grade vacancy rates declined to 4.8%.
Grade A office rents on Hong Kong Island down 1.2% in June
North Point recorded the steepest decline YTD.
Osaka to see 40,000 tsubo of new office supply by 2025
A majority will be in the vicinity of Yodoyabashi station.
Is Osaka’s office supply uptick a cause for concern?
Around 90,000 tsubo of net rentable area is expected this year.
What to expect from regional Japanese office markets for the rest of 2024
Temporary disruptions won’t detract from a longer-term growth trajectory.
Seoul office transaction volumes slump to 10-year low in Q2
Investments totalled KRW630.3 billion during the quarter, the lowest since Q3 2014.
Singapore office rental index breaches peak last seen in 2008
The rental index rebounded 3.1% in Q2.
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