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In Q2 2022, the office market witnessed a pickup in momentum driven by rising leasing enquires and inspection activities, but commitment in leasing deals remained slow. The overall vacancy rate continued to climb up during the quarter, rising by 0.4 ppt to 11.2% in Q2 2022.
Favored by decentralization demand from cost-saving tenants, rents in Tsim Sha Tsui and Kowloon East slightly recovered (up 1.1% and 0.8% QOQ, respectively). We recommend occupiers to explore flight-to-quality moves as more available new stock comes online in H2 2022.
Download the Report Read More2019 was a record year for commercial real estate, the office market was at an all-time high with positive sentiments from both occupiers and developers. However, the disruption induced by the COVID-19 pandemic brought the rise to a complete standstill.
Post the second wave in 2021, demand for quality spaces began to rise swiftly and steadily, with occupiers taking utmost advantage of tenant-favorable commercial terms. This trend continues to build up in Q2 2022, despite certain challenges.
The 5 Trigger Points of Commercial Real Estate focuses on fundamental aspects that are silently working to strengthen the recovery and sustain the rise of commercial real estate.
This report was originally published in https://www.cushmanwakefield.com/en/india/insights/five-trigger-points-for-commercial-real-estate
Download the Report Read MoreResponses from real estate investors in Japan were compiled in this survey. The responses include their expected returns, investment outlook, and rental growth. Surveyed firms include asset managers, securitization developers, life insurance, commercial banks and other financial institutions, investment banks, pension funds, and real estate leasing.
Download the Report Read MoreCushman & Wakefield recently released “Office of the Future Revisited” in which a global view of how the demand for and use of office space is changing. Within the report, three realities were presented:
1. Demand for office space is accelerating;
2. Hybrid is here to stay; and
3. The role of the office has changed.
While all three of these realities are true for the Asia Pacific region, as a geographically large and culturally diverse region, we see nuance in how these realities manifest between markets.
This report was originally published in https://www.cushmanwakefield.com/en/insights/apac-office-of-the-future-revisited
Download the Report Read MoreSavills Asia Pacific Real Estate Investment Country Guide covers 13 countries around the region including:
This report was originally published in https://www.savills.com.hk/research_articles/167189/207024-0
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