Commercial Office
Eight new office projects to be completed in Sydney CBD by next year
These projects will add a total of over 212,100sqm to the city’s stock.
Eight new office projects to be completed in Sydney CBD by next year
These projects will add a total of over 212,100sqm to the city’s stock.
Manila records 9,200sqm office absorption in Q1 as occupiers continue to downsize
One firm released 10,000sqm in Taguig City.
Delhi to see almost 7m sq ft of office supply by year-end
Most of the new stock will be in Noida and Gurgaon.
How can APAC CBDs thrive amidst the drastic changes in the way offices are used?
Central business districts need to be reinvented to stay relevant.
Adelaide overall office vacancy rate down to 16.1% in Q1
But prime office vacancies remain elevated at 17.5%.
Why Canberra recorded -1,300sqm office net absorption in Q1
The headline vacancy rate increased to 7.8% in the same period.
Grade A office rents in Ho Chi Minh City slip 0.5% in Q1
In 2023, CBD monthly rents are expected to decline 4.6% y-o-y to USD 45.6/sqm.
This office building was the only one to be completed in Jakarta in Q1
It is a 90,000sqm office building in the Sudirman corridor.
Mumbai adds 0.15 million sq ft to its Grade A office stock
Thanks to the completion of one project in Navi Mumbai in Q1.
Osaka’s office vacancy rate rises to 3.4% in Q1
Only one new project was completed during the quarter.
Demand for flex spaces up 25% in Singapore in 2022
However, new supply only grew by 3% over the same period.
Why Brisbane CBD’s office sector is enjoying robust tenant activity
The flight-to-quality is attracting more workers to go into the offices.
Canberra’s total office stock hits 2.2m sqm
The most recent addition was an 8,000sqm office completed in Q1.
Decentralisation, flight-to-quality trends persist in Hong Kong
Co-working spaces are also seeing increased demand.
What does the future look like for Singapore’s CBD Grade A office market?
Find out how a machine learning algorithm forecasts rents till 2028.
Singapore is Southeast Asia’s most expensive city for an office fit out
It costs USD86 per sq ft to fit out a basic hybrid office in Singapore.
CBD markets dominate Australia’s Q1 office transaction volumes
Sales totalled AUD1.6b in Q1, over AUD1b of which was from CBD markets.