Commercial Office
Osaka investment-grade office rents grow by 2.3% in H1 2024
Osaka investment-grade office rents grow by 2.3% in H1 2024
Vacancy loosened slightly by 0.2ppts during the same period.
Seoul prime office face rents rise by 5.7% in Q2
The Gangnam Business District recorded the highest rental growth.
Regional Japanese cities to see elevated volumes of new office completions this year
Osaka will welcome over 90,000 tsubo of NRA in 2024.
Seoul prime office net absorption hits 69,000sqm in Q2
The vacancy rate decreased to 3.2%.
What to expect from Singapore’s office leasing market for the rest of 2024
Savills revised its rental forecast to -1% to +1% for the year.
Singapore CBD Grade A office rents rise for 10th straight quarter in Q2
Rents increased by 0.4% YoY during the quarter.
Singapore Grade A office vacancy rate increases to 6% in Q2
It’s the first increase after two straight quarters of declines.
Tokyo office market outlook remains optimistic despite some volatility ahead
The volatility from the influx of new supply in 2025 is not a major concern.
Why Jakarta office landlords must focus on tenant retention strategies
Demand is expected to remain modest for the rest of 2024.
These new office projects are set to redefine Tokyo’s office market from 2025 and beyond
Mixed-use developments have become a defining standard for larger scale projects.
Rental growth in Singapore’s core CBD premium office segment to slow in H2 2024
Well-informed tenants are expected to leverage the increasing competition.
Jakarta’s cumulative office supply hits over 11m sqm in Q2
Analysts expect it to remain unchanged until 2025.
Tokyo Grade A office rents rise for fourth straight quarter in Q2
Rents increased by 1.9% YoY during the quarter.
Bengaluru gross office leasing volume soars by 83% to 5.5m sq ft in Q2
This caused net absorption to see a 4.5x jump from the previous year.
Which Tokyo submarket saw the biggest Grade B office rental growth in Q2?
The average rents for Grade B office grew by 2.1% YoY during the quarter.
Is the APAC prime office market finally approaching a turning point?
Prime office rents declined to 3.1% and vacancy rates stabilised at 14.8% in Q2.
Mumbai office supply hits highest quarterly level in almost three years
There was a total of 2.64m sq ft of new supply added in Q2 2024.
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