Commercial Office
Osaka’s new office space supply this year to hit record highs since 2013
Osaka’s new office space supply this year to hit record highs since 2013
There will be over 40,000 tsubo of Net Rentable Area to be added in 2022.
Tokyo Grade A office rents decline 7.6% YoY in Q4
The vacancy rate also increased 1.8ppts to 2.8%.
Tokyo Grade B office buildings to perform well in 2022
They are expected to stabilise earlier than their Grade A counterparts.
Art dealers, crypto firms, coworking spaces drive Hong Kong office demand
Christie’s took around 50,000 sq ft in The Henderson in late 2021.
What to expect from Tokyo’s office property market this year
Most office layouts are being transformed to accommodate hybrid working.
Hong Kong to see 4m sq ft of new office spaces this year
Rents will remain under pressure with a 15% decline expected over 2022.
Adelaide to see robust office occupier demand in 2022
Demand will mostly come from technology, health and the defence sectors.
Singapore Grade A office rents grew 4.2% in 2021
JLL expects rents to grow twice as fast this year.
Flight to quality supports office rental growth in Auckland
Average prime rents rose 1% to NZD 521 per sqm per annum in Q3 2021.
Hong Kong Grade A office rents to jump by 5-10% in 2022
The recentralisation trend is expected to underpin rental growth.
Tokyo office vacancy to rise significantly in 2023
Blame it on oversupply and underwhelming demand.
Canberra records over AUD250m office transactions in Q3 2021
The largest sale was worth nearly AUD100m.
Brisbane office vacancy declines for the first time since 4Q19
Vacancy rate fell to 15.8% in the CBD in Q3 2021.
Office vacancies in Kuala Lumpur slated to reach record highs
Blame it on significant increase in supply coming in the next quarters.
Sydney records robust office supply pipeline with 21 projects underway
These projects will yield 396,900sqm of office space.
Seoul office investment volumes hit nearly USD3.3b in Q3
Seoul's cap rate dipped 10bps to 3.8% in the same quarter.
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.
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