Commercial Office
Ho Chi Minh City’s Grade A office supply hits 456,200sqm in Q3
Thanks to the launch of units in The Hallmark and The METT.
Ho Chi Minh City’s Grade A office supply hits 456,200sqm in Q3
Thanks to the launch of units in The Hallmark and The METT.
Adelaide office sector records highest net absorption since 2008
Net absorption was at 37,500sqm in Q3.
Bangkok prime office rents inch up 0.3% in Q3
New completions drove the rise in gross rents.
Canberra office market registers negative demand in Q3
Net absorption hit -24,200 during the quarter.
Bengaluru office space supply hits 2-year high in Q3
Supply grew by 133% compared to the prior quarter.
Brisbane CBD office vacancy rate hits record lows since 2019
The vacancy rate declined to 11.5%, the lowest since Q3 2019.
Office rents on Hong Kong Island slip 0.3% in October
Central saw the biggest fall of 0.5%.
Bangkok to see nearly 500,000sqm of new office supply in 2024
It’s an increase from the projected 345,000sqm of new supply for 2023.
Indian office sector records highest net absorption of the year in Q3
Net absorption was at 8.3msf in Q3, the highest in 2023.
What does the future look like for Thailand’s office property market?
Landlords are increasingly adopting the build-to-suit and ready-to-move-in models.
India gross office leasing volume down 13% to 15.1msf as of Q3
Mumbai experienced the strongest leasing volume growth.
Grade B offices in Bangkok outperform other segments in Q3
It was the only segment to increase its occupancy rate.
India’s new office supply declines 9% to 10.7msf in Q3
This brings the total completions to 29.5msf year-to-date.
Which area in Bangkok recorded the highest office leasing demand in Q3?
Net absorption in this area hit 8,700sqm during the quarter.
Delhi gross office leasing declines 11% to 3.4msf in Q3
Pre-commitments accounted for a third of the leasing activity.
Office investment volumes in APAC hit record lows since 2007
Investments dropped 51% to USD7b in Q3.
Hong Kong office rents expected to bottom out sooner than expected
Rents could decline by up to 5% next year.