Asia Pacific real estate investment news and information
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>>
Hong Kong’s Grade A office market shrank by 96,800 square feet (8,993 square metres) in June, doing an about-face after eight straight months of positive take-up, according to JLL.
Overall vacancy in the city edged up to 9.4 percent at… Read More>>
Amazon has agreed to occupy around 369,000 square feet (34,281 square metres) of office space at the IOI Central Boulevard Towers skyscraper in Singapore’s downtown core, according to a broker active in the market.
The American e-commerce giant has reached… Read More>>
New leasing volume in Hong Kong’s Grade A office market fell 6.7 percent year-on-year in the first half of 2022 and vacant space hit an all-time peak of 9.8 million square feet (910,450 square metres), as the fifth wave of… Read More>>
Grade A office rents in Singapore’s central business district have recovered to within striking distance of their pre-pandemic peak and could exceed that level soon, according to research by JLL.
Gross effective rents for Grade A office space in the… Read More>>
Swire Properties has notched what is reportedly Hong Kong island’s biggest office lease since the dawn of the pandemic, with the local unit of China CITIC Bank agreeing to take up around 15 percent of the developer’s Two Taikoo Place… Read More>>
Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office tower in Sydney during the first quarter of 2022, as tenants across Australia upgrade to premium spaces amid a struggle to attract staff… Read More>>
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>>
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>>
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>>
