Commercial Office
Kuala Lumpur to see 4m sq ft of new office space supply this year
Kuala Lumpur to see 4m sq ft of new office space supply this year
Vacancy rates are then expected to rise further.
Jakarta Grade A office rents decline 8.1% for full-year 2021
Rent decreased 2.5% in the final quarter of the year.
Delhi NCR to see 9.3m sq ft of new office space in 2022
This supply pipeline will largely be in the Gurgaon and Noida submarkets.
Hanoi Grade A office vacancy rate drops by 1.7% in 4Q21
Thanks to the strong demand for large spaces from the banking and tech sectors.
Adelaide office net absorption nearly hits 10-year high in 4Q21
The city recorded net absorption of 11,900 sqm during the quarter.
What to expect in Seoul’s Grade A office market this year
There is no new Grade A office supply scheduled for completion in the coming year.
Bangkok records lowest quarterly office leasing demand since 2008
Net absorption dropped to below -18,000sqm in Q4 2021.
Korean office transactions reach over US$14b in 2021
It exceeded the US$13.6b worth of transactions in 2020.
Seoul Grade A office rents hit record highs
Rents reached KRW100,400 per pyeong in the final quarter of 2021.
Which industry accounted for the most office leasing demand in Seoul?
57% of leasing activity came from this sector.
4 trends to watch in Singapore’s office property market
There may be a ‘severe shortage’ of office space in 3 to 5 years’ time.
Hong Kong Island records office vacancy rate of 8.5% in January
Wan Chai had the highest vacancy rate of 11.8%
Singapore CBD Grade A office vacancy rates slip to 5.6% in Q4 2021
The high vacancy rates in Shenton Way was offset by the declines in other submarkets.
Hong Kong overall office vacancy rate down to 9.4% in January
Kowloon East still had the highest vacancy rate at 12.4%.
APAC investments into London’s office market to double to £4.1b in 2022
This accounts for 39% of all inbound investment into the city.
Why tech giants want their office space and what does this mean for the real estate industry
The tech industry accounted for 40% of the demand for office space, up from 20% in 2019.
No one size fits all: Firms turn to experience as they fit out spaces in the permanent hybrid setup
Cushman & Wakefield said modern workplaces will see variations of hybrid fit-out, either simple or complex.
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