Asia Pacific real estate investment news and information
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
Prime office rents in Asia Pacific fell 1.6 percent in 2024, narrowing from a 2.4 percent drop the previous year, as key markets in Australia and Japan showed resilience amid a regionwide downtrend, according to Knight Frank.
Brisbane emerged as… Read More>>
Office rent growth in downtown Singapore nearly ground to a halt in the year’s final quarter as renewals continued to form the bulk of market activity, according to Knight Frank.
Prime office rents in the Raffles Place/Marina Bay precinct rose… Read More>>
Office leasing activity across India’s top six cities totalled 66.4 million square feet (6.2 million square metres) in 2024, climbing 14 percent to hit a record high for a third straight year, according to Colliers.
Bengaluru drove demand for Grade… Read More>>
Grade A office rents in Hong Kong were down 5.9 percent in the year to date as of mid-November, according to Cushman & Wakefield, and the consultancy predicts as much as a 9 percent drop in 2025.
In the fourth… Read More>>
Singapore’s office vacancy hit a 2.5 year high in the third quarter of 2024, with an influx of completed projects and near-term economic headwinds cooling down rent growth, according to JLL.
Overall grade A office vacancy in the central business… Read More>>
Grade A office vacancy in Hong Kong’s prime Central district eased slightly in July even as unused workspace throughout the city rose to 13.7 percent at the end of the month, according to JLL.
Vacancy in Central edged down 0.1… Read More>>
The debut of new office buildings in Hong Kong’s Central district has boosted vacancy in what was once among Asia’s most sought after business locations by 29 percent from a year earlier, according to new figures from JLL.
Some 12.1… Read More>>
Prime office rents in Shanghai plunged 9.9 percent in the second quarter from a year prior, according to a Knight Frank report released Wednesday, as vacancy continued to hover near two-decade highs amid sluggish leasing demand and a supply overhang.
Office vacancy in Hong Kong reached a record high of 13.6 percent at the end of June, as sluggish leasing demand and oversupply drove average office rents in the Asian financial centre down 4.3 percent in the first half of… Read More>>
