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huey-ying-tay

Central Singapore Office Rents Rose 1.2% in Q2 in First COVID-Era Increase

2021/06/25 by Christopher Caillavet Leave a Comment

Spring has brought fresh growth to Singapore’s central business district as office rents registered their first uptick since the dawn of the pandemic, JLL said this week in its second-quarter research report.

Average monthly gross effective rents for Grade A… Read More>>

alex barnes jll

Hong Kong Office Leasing Ended Two-Year Contraction in May

2021/06/24 by Christopher Caillavet Leave a Comment

Hong Kong’s office leasing picture brightened in May as tenants occupied more Grade A space than they had in the previous month for the first time since July 2019, according to a report released by JLL.

Absorption of top-grade offices… Read More>>

Hongkong Land Confident Asia’s World City Still Revolves Around Central

2021/06/07 by Michael Cole Leave a Comment

Hongkong Land has been leasing out a few more floors in its Exchange Square complex, and the blue-chip developer’s head of commercial property is sounding confident that top corporates will want to stay in the core of the world’s most… Read More>>

john siu cushman

Hong Kong Office Market Shrank by 900,000 Square Feet in Q1

2021/04/16 by Christopher Caillavet Leave a Comment

Hong Kong’s office leasing market hit some unwelcome milestones in the first quarter of 2021, with net absorption sinking to an all-time low and availability of space reaching its highest level in nearly 17 years, according to research from Cushman… Read More>>

Raymond-Chow-hongkong-land

Hongkong Land Leases Exchange Square Floors to S&P Despite Central Market Slide

2021/04/14 by Michael Cole Leave a Comment

Office rents have been falling in Hong Kong’s Central and the rationalisation of the world’s most expensive business location may have just brought a finance multinational back to one of the district’s trophy towers.

S&P Global moved into a two-floor… Read More>>

damian green manulife

Manulife Signs Hong Kong’s Biggest Office Lease Since 2019 in PAG-Owned Tower

2021/04/08 by Christopher Caillavet Leave a Comment

Canada-based financial services firm Manulife said Wednesday that its Hong Kong operation had signed a lease agreement for 145,000 square feet (13,471 square metres) of office space in Kowloon East, marking the city’s biggest office leasing deal in terms of… Read More>>

qiantan centre

Central Shanghai Office Rents Inch Upward After Two-Year Slide

2021/04/07 by Michael Cole Leave a Comment

After the Shanghai office market saw rents slide by an estimated 7 percent last year in the face of the COVID-19 pandemic and a glut of new buildings, leasing rates in the city’s core areas began inching upwards again in… Read More>>

Saint James Power Station Singapore

Dyson Helps Fan Singapore Office Market Rebound in First Quarter

2021/04/05 by Christopher Caillavet Leave a Comment

Office leasing in Singapore swung into positive territory during the initial quarter of 2021 for the first time since the year-earlier period, nudged by the addition of tech firm Dyson’s lease commitment at a converted colonial-era power plant, according to… Read More>>

Beijing Office Market Added 250k Sqm of Space in Q4 as Vacancy Edged Up

2021/02/02 by Christopher Caillavet Leave a Comment

As China’s economy showed signs of recovery in the final months of 2020, Beijing’s office market saw a wave of fresh supply and an upsurge in absorption as tech firms led a flurry of leasing demand, according to a report… Read More>>

anny zhang jll

Shanghai Core Office Rents Fell 6.7% Last Year as Vacancy Climbs

2021/01/18 by Christopher Caillavet Leave a Comment

Shanghai office rents ended 2020 as they began it — in a persistent decline — despite a boost from leasing activity in fringe areas, according to research by global property consultancy JLL.

Rents in Shanghai’s prime office locations fell 1.3… Read More>>

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