Commercial Office

Between 2010 and 2015 rents in Jakarta more than doubled and then subsequently tumbled by 30% over the next five years.

An increase in COVID-19 cases led to more than 70% decreases in prime office and retail occupancy in Cambodia.

Several big-ticket deals signal investor confidence in the sector.

Hong Kong Island rents saw the lowest rate of decline since Q1 2020.

Firms may consider Seongsu-dong, Guro and Gwacheon as new locations for expansion.

Overall net absorption was 116,300 sq ft in May.

Its proximity to the airport is a huge plus.

Beijing, Shanghai, Bengaluru, Shenzhen and Singapore are the top 5 technology centres in the region.

Capital values decreased 3.1% in 1Q21.

Rents are estimated to have risen 1.2% in Q2, the first ever increase since the pandemic hit.

India is next to China in becoming a powerhouse in the region.

Corporate occupiers currently pay a 7-10% rental premium in green buildings.

Market supply is expected to further tighten until 2023.

Prime incentives reached 31.1% in the Sydney CBD in Q1.

Net absorption in Yeouido increased the most in Q1.

Five more new projects are currently under construction.