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Alex Barnes JLL

Hong Kong Office Market Steadies in April After COVID Curbs Relaxed

2022/05/24 by Alden Monzon Leave a Comment

Hong Kong’s office leasing market stabilised in April with rental and vacancies flat as authorities relaxed restrictions as a surge in coronavirus cases eased, according to JLL.

In the consultancy’s latest Hong Kong Property Market Monitor, net absorption – a… Read More>>

Henry Low Amazon

Amazon Said Taking 350K Sq Ft at IOI Central Boulevard in Singapore

2022/05/22 by Christopher Caillavet Leave a Comment

Amazon is reportedly nearing a deal to lease as much as 350,000 square feet (32,516 square metres) of office space at the under-construction IOI Central Boulevard Towers in downtown Singapore.

The e-commerce giant is said to be in advanced talks… Read More>>

Neil Anderson

Hongkong Land Leases 3 Central Office Floors to White & Case

2022/05/08 by Pawara Laothamatas Leave a Comment

Hongkong Land has welcomed a former tenant back to its Central office portfolio after 15 years, announcing that global law firm White & Case had taken up three floors at York House, the developer’s Grade A office tower at 15… Read More>>

Simon Smith of Savills

Hong Kong Office Rents Down 2% in Q1 as Banks Cut Back on Space

2022/04/19 by Christopher Caillavet Leave a Comment

Cryptocurrency has begun to show its real-world utility as demand for office space from start-ups dealing in bitcoin, NFT and blockchain is helping to offset downsizing from multinational banks and other traditional occupiers in Hong Kong, according to Savills research.

… Read More>>

Guoco Midtown2

Singapore Office Rents Expected to Rise By Up to 5% in 2022

2022/02/04 by Beatrice Laforga Leave a Comment

Office rents in Singapore’s central region are predicted to jump by 3 to 5 percent this year on tight supply, improved leasing sentiment and a bigger portion of the workforce returning to the office, according to analysts at Knight Frank… Read More>>

keith hemshall cushman

Hong Kong Office Market Begins Recovery as Rent Cuts Slowed in 2021 2H

2021/12/15 by Christopher Caillavet Leave a Comment

Hong Kong’s office leasing market shook off a sluggish first half of 2021 as tenants rediscovered their appetites for desk space, although average rents still suffered a full year decline after a steeper drop in 2020, according to research from… Read More>>

Uptick in Hong Kong Office Rents Snaps 28-Month Slump

2021/11/29 by Christopher Caillavet Leave a Comment

Average office rents in Hong Kong’s Grade A office market rose 0.2 percent in October from the month before, their first increase since rates last peaked in May 2019, according to JLL.

On a net effective rental basis, average tariffs… Read More>>

Henry Low Amazon

Amazon Opens in Singapore’s Asia Square as Tech Takes Over

2021/10/29 by Beatrice Laforga Leave a Comment

Tech giant Amazon has moved into a new home spanning three floors of Singapore’s Asia Square One office tower, bringing a high tech hipster style to the city’s banker-dominated Marina Bay financial hub.

Occupying over 100,000 square metres (1.08 million… Read More>>

Mr Kevin Lam, Cushman & Wakefield's Executive Director, Head of Retail Services, Hong Kong, Mr John Siu, Cushman & Wakefield's Managing Director, Hong Kong and Mr Keith Hemshall, Cushman & Wakefield's Executive Director, Head of Office Services, Hong Kong

HK Office Leasing Grows for the First Time in Two Years, Rents Still Slide

2021/10/14 by Christopher Caillavet Leave a Comment

Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first time in two years.

Net absorption of Grade A space in the world’s most… Read More>>

evergrande

Evergrande Defaults Boost Chinese Bond Yield Spreads and More Asia Real Estate Headlines

2021/10/13 by Michael Cole Leave a Comment

The ongoing financial crisis facing some of China’s largest developers continued to dominate the headlines today with investors pushing spreads for Chinese high yield bonds to record highs as Evergrande Group continues to crumble and a range of smaller builders… Read More>>

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