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Guoco Midtown

Singapore Office Rent Growth Doubled in 2022, Set to Slow in New Year

2022/12/26 by Beatrice Laforga Leave a Comment

Grade A office rents in Singapore’s core business districts jumped by 8.3 percent in 2022, more than double last year’s growth rate, as vacancies fell and more employees returned to their desks, according to data from CBRE Research.

CBRE said… Read More>>

Nelson Wong JLL

Hong Kong Office Leasing Pulls Back in November as Vacancy Nears 12%

2022/12/22 by Christopher Caillavet Leave a Comment

Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than they took up as leasing activity slowed towards year-end and large spaces became available in some submarkets, according to JLL.

… Read More>>

christine li knight frank

APAC Office Rent Growth Set to Moderate in 2023 Says Knight Frank

2022/12/15 by Christopher Caillavet Leave a Comment

Economies driven by domestic consumption, such as emerging Southeast Asia and India are forecast to remain supportive of regional growth as the rest of Asia Pacific normalises next year, according to Knight Frank.

APAC is set to keep its crown… Read More>>

Cathie Chung JLL

Hong Kong Office Leasing Accelerates in October as Rents Dip, Vacancy Still Climbs

2022/11/20 by Christopher Caillavet Leave a Comment

Leasing activity in Hong Kong’s Grade A office market intensified in October as tenants took up 479,000 square feet (44,501 square metres) more than they gave back during the month, accelerating from a net take-up of 157,000 square feet in… Read More>>

James-Macdonald

Shanghai Office Rents Dipped in Q3 as Lockdown Impact Lingers

2022/11/01 by Iris Hong Leave a Comment

Office rents in Shanghai’s key business districts edged downwards in the third quarter as landlords become more flexible on pricing in a market struggling to recover from months of Covid lockdowns.

Occupiers leased 104,000 square metres (1.12 million square feet)… Read More>>

Calvin Yeo Knight Frank

Singapore Prime Office Rents Surged 1.4% in Q3 Despite Darkening Global Picture

2022/10/17 by Christopher Caillavet Leave a Comment

Prime office rents in Singapore’s Raffles Place/Marina Bay precinct leapt 1.4 percent in the third quarter compared with the previous three-month period to hit S$10.51 ($7.30) per square foot per month, as the city-state continues to provide a safe harbour… Read More>>

Neil Anderson

Invesco Relocates to Jardine House in Central, UBS Moves Office to West Kowloon

2022/10/11 by Iris Hong Leave a Comment

US asset manager Invesco is shifting its Asia Pacific headquarters to Hongkong Land’s Jardine House and UBS will take an anchor space in Sun Hung Kai Properties’ West Kowloon rail terminal project as global financial giants align their corporate homes… Read More>>

john siu cushman

Hong Kong Office Leasing Rebounds in Q3, Driven by Island East Deals, Flex Space Trend

2022/10/11 by Christopher Caillavet Leave a Comment

Office leasing in Hong Kong rebounded in the third quarter, with tenants leasing more space than they vacated during the period, thanks in part to tenants shifting to the Quarry Bay area and continuing demand from flexible workspace operators, according… Read More>>

Nelson Wong JLL

Hong Kong Office Market Shrank Again in August as Leasing Stays Weak

2022/09/23 by Christopher Caillavet Leave a Comment

Occupiers in Hong Kong’s Grade A office market gave up 29,200 square feet (2,713 square metres) more than they leased in August as the city’s overall vacancy rate remained flat at 9.6 percent, according to JLL.

The vacancy rate in… Read More>>

Hong Kong ICC

Hong Kong Office Vacancy Climbed to 9.6% in July

2022/09/12 by Mingtiandi Team Leave a Comment

Vacancy in Hong Kong’s Grade A office market rose in July, as low-season supply expanded and headwinds from rising coronavirus cases dragged on the market and thwarted any easing of tight border restrictions.

The overall vacancy rate rose to 9.6… Read More>>

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