Commercial Office
Adelaide’s largest office building now under construction
Adelaide’s largest office building now under construction
It will have 40,000sqm of office space.
Have Hong Kong office rents finally bottomed out?
Rents in Kowloon are expected to remain flat in the next few months.
Melbourne CBD office vacancy reaches record highs in over two decades
Headline vacancy hit 14.3% in Q1.
Indian office occupiers turn to flex spaces amidst persistent COVID-19 woes
The number of flex seats leased by enterprise clients jumped 57.8% in Q1.
Term renewals drive India’s robust office leasing momentum in Q1
Renewals accounted for 38% of the gross leasing activity during the quarter.
Hong Kong office market trends to shift from decentralisation to recentralisation
Chinese firms are expected to continue to take up Central office space post-COVID.
Flexibility and technology to drive a doubling in leasing activity: Colliers
These are necessary to understand the changes needed in the workplace.
Australian office investment volumes back to pre-COVID levels
Volumes increased 34% to $2.8b in the first quarter of 2021.
Insurance firms dominate Taiwan’s commercial property market in Q1
They accounted for 32% of transactions during the quarter.
Demand from Chinese firms not enough to offset Hong Kong’s new office supply pipeline
Rates of rental and price declines have started to slow in Q1.
India property investments reach US$1.8b in Q1 as economy rebounds
The office sector accounted for over half of these investments.
Sydney small businesses’ average lease term fell 23% over the past 5 years
Businesses occupying under 2,000 sqm sign lease terms of just 3.9 years.
Sydney records positive office net absorption for the first time in five quarters
Net absorption also improved in Perth and Brisbane.
A sneak peek at Singapore office market’s journey to a post-COVID world
Savills outlined transition stages the market has to go through over the next few years.
Singapore office vacancy rate increases for fourth straight quarter in Q1
Vacancies of CBD Grade A office buildings rose by 0.3ppts to 7.3%.
Hong Kong records highest office rental decline in APAC in Q1
The decline in rents across the region is expected to decelerate this year.
Guess which Australian city saw the largest fall in sublease availability in Q1
Sublease availability in this city fell 24% during the quarter.
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