Commercial Office
APAC office investment sales down 48% to USD21.6b in H1
But volumes rose 17% QoQ due to a pick-up in Shanghai, Beijing and Singapore.
APAC office investment sales down 48% to USD21.6b in H1
But volumes rose 17% QoQ due to a pick-up in Shanghai, Beijing and Singapore.
New Delhi to post the highest office vacancy rate in APAC by end-2020
Delhi, Shanghai, Shenzhen and Chengdu will have vacancy rates in excess of 20%.
Jakarta's Grade A office leasing activity to pick up from Q3: JLL
But net absorption is likely to be down YoY.
New office supply in APAC up 12% YoY in Q2, driven by India and Melbourne CBD
Aggregate new supply in the 19 APAC cities that Colliers tracks closely reached about 1.42 million square metres in Q2 2020.
Office space absorption in APAC to drop 41% over 2020
Absorption fell 56% QoQ to 0.48 million square metres in Q2.
Tokyo's 2020 office supply to reach 17-year high but high occupancy eases glut concerns: Savills
Well over 95% of the supply has already been filled or pre-leased, whilst existing supply has little vacancy.
Rental growth rate in Tokyo's prime office market at its lowest since 2016
Grade A office rents inched up by a mere 0.2% in Q2 2020.
Singapore strata office unit sales drop to a measly 79 in H1 2020
This translates to a total transacted value of S$272.2m, down 42.3% from S$471.4m in H2 2019.
APAC office sector's net absorption hits decade-low in H1
It fell 34% to 16.3 million sq ft, no thanks to tenants cutting costs amidst the pandemic.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
But volumes have yet to hit 2008/09 lows.
Seoul's prime office vacancy rates decline, whilst rents increase in Q2
Vacancy rates stood at 6.9%, and rents inched up 1.6% YoY.
Tokyo rents and vacancies rise
Tokyo office rents rose both YoY and MoM but vacancy increased for the fifth straight month to 2.77%. By area, Minato saw the largest vacancy increase...
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1. Tokyo overall industrial vacancy rate rises for the first time in two quarters 2. Singapore new private home sales more than tripled in November 3. Hanoi to see 90,600sqm of new retail supply by year-end 4. Two new malls slated to be completed in Kuala Lumpur by year-end 5. Seoul retail rents continue to rise in Q3Resource Center
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Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments
![Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments]()
Co-Written / Partner
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
