Commercial Office
North Sydney to see new wave of office supply with metro developments underway
North Sydney to see new wave of office supply with metro developments underway
The first significant office project is a 60,000sqm commercial tower above Victoria Cross station.
Hong Kong office net absorption at its lowest level since 2001
Annual net absorption was −1,769,900 sq feet in 2020.
Professional sector buoys office leasing activity in Hong Kong CBD
Two Chinese Mainland financial companies leased an entire floor in Two IFC.
APAC office vacancies to reach a peak of 15% by end-2023
Rising supply will also lift vacancies in Tokyo, Asia’s largest office market.
Landlords splurge on office renovations to coax tenants out of remote working
The shift to a hybrid work model is forcing landlords to upgrade office spaces.
New Delhi's office leasing volume down 26.5% to 8.3m sq ft in 2020
That is compared to the 5-year average of 11.3m sq ft.
Kuala Lumpur's office occupancy rate at a record low of 69.1% in 2H 2020
Occupational demand in the KL Fringe was also under pressure at 85.8%. The cumulative supply of office space in Klang Valley stood at circa 109.5...
How APAC property companies are affected by rising social risks post-pandemic
The shift to online shopping will reduce demand for retail space, a credit negative as per Moody’s. Moody’s Investors Service says in a new report...
3 reasons why concerns over Singapore's office market are misplaced
The work-from-home setup is not likely to significantly reduce demand. When COVID hit the world, the accompanying lockdowns brought the term Work(ing...
Singapore office market still mired in uncertainties
CBD Grade A office rents may settle at a lower baseline, says Savills. Grade A CBD offices saw occupancy levels decline from 94.3% in Q2/2020 to 93%...
Hong Kong office rents to drop by up to 10% more over the next year
This is after rents have fallen by 11.9% over the first three quarters of 2020. The city’s Grade A office vacancy rate rose to 6.8% at the end of...
How office space metrics will evolve post-COVID
New metrics like technology obsolescence and energy balance are emerging. For many companies reassessing their office space amid the rise of remote...
Hong Kong office rents drop 1.3% in September
Rental decline slowed down compared to the first half of the year.
How will Singapore's relaxed restrictions affect the property sector?
The workplace-related changes will boost demand for conference halls, convention centres as well as CBD/Orchard Road retail.
6 COVID-inspired changes developers are mulling over
Over four in 10 developers are changing designs that were once considered complete.
APAC office rents forecast to drop by up to 15% in 2020
Sydney saw the sharpest decline in Q2 2020 at 8.6%.
APAC office investment transactions show 'encouraging signs' amidst the pandemic
The USD11.7b worth of transaction volumes in Q2 reflect fundamental strengths in some APAC markets.
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