apac office leasing market
Cost drives lease renewals and relocations in Asia Pacific
Cost drives lease renewals and relocations in Asia Pacific
Uncertain economic conditions push occupiers to prioritise lower rent.
Why flight to quality is a pervasive trend across APAC office markets
JLL outlines three primary reasons driving the trend.
Why the next 3 years are crucial for the office property sector
Over half of APAC firms say remote working is likely to be available to all by 2025.
APAC office property market to see record levels of new supply in 2022
Supply will increase 13% y-o-y to hit 6.9 million sqm.
APAC office leasing volumes finally returning to pre-pandemic levels
Leasing volumes increased 25% in Q3.
Office fit-out costs rise 10.8% to US$1,109 per sqm in APAC
Blame it on supply chain disruptions and labour shortages amidst the pandemic.
APAC office leasing volume to grow by up to 35% by end-2021
Grade A net absorption increased 28% in Q3 alone.
What are the factors affecting office re-entry rates in APAC?
Southeast Asian cities have not seen many workers going back to offices just yet.