Commercial Office
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Is the worst finally over for Singapore office rents?
Rents are estimated to have risen 1.2% in Q2, the first ever increase since the pandemic hit.
7 in 10 APAC firms willing to pay more to rent a green building
Corporate occupiers currently pay a 7-10% rental premium in green buildings.
Taipei Grade A office vacancy at a record low of 2.1% in Q1
Market supply is expected to further tighten until 2023.
Sydney CBD office market records highest prime incentive levels since 2015
Prime incentives reached 31.1% in the Sydney CBD in Q1.
Which office submarket in Seoul showed the most robust leasing demand?
Net absorption in Yeouido increased the most in Q1.
Melbourne sees largest increase in CBD office stock in three decades
Five more new projects are currently under construction.
Why 2023 is a significant year for Tokyo’s office supply
The supply influx for this year is expected to be a ‘headache’.
Offices to re-emerge in CBDs as companies de-densify post-pandemic
The offices in Central Business Districts will again become social and business hubs, says JLL.
How Korea’s flex space market fared amidst the pandemic
Several co-working space operators recently opened new branches.
Jakarta office rents in a free fall since 2015
Blame it on burgeoning vacancy rates and a heavy supply schedule.
Fears loom over Tokyo’s future office supply and secondary vacancy
Secondary vacancy from last year’s supply is likely to materialise later this year as office demand weakens.
Manila’s office vacancy rate hits 12-year highs in Q1
Vacancy rate reached 9.8% in Q1, the highest since 2009.
Kuala Lumpur office rents under persistent downward pressure
Rents and capital values are still under pressure as landlords drop asking rents.
Bangkok office vacancy to hit 10-year high by end-2021
Weak pre-commitments are expected to drive vacancies to reach 14.5% this year.
Guess which industries dominated New Delhi’s office leasing activity in Q1
Leasing activity is expected to gain momentum this year.
Vietnam’s Grade A office vacancy still tight at 9.5%
Vacancy increased 292bps compared to the same period last year.