CBD Grade A Office Rents Growth

Sluggish rise in premium office rents in 2024: Colliers

Rents are expected to grow by just between 0% to 1% during the year.

Limited supply, back-to-office momentum boost Core CBD Grade A office rents

Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.

Premium, Grade A office space rents up by 0.9% QoQ in Q4 22

Rents reached $11.40 per square feet in the fourth quarter last year.

Grade A office rents rise by 1.4% in Q3: report

This is the highest yearly growth in a quarter since end-2019, Savills noted. 

Grade A office rents to grow around 3%-5% for 2022

Return-to-office momentum to drive higher demand for offices.

Grade A Core CBD office rents mark fastest pace of increase since 2021

Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.

CBD Grade A office rents climb 2.1% QoQ in Q122

By yearend, analysts expect rents to trend higher to about 5%.

CBD Grade A rents lead charge in office market

The 0.5% QoQ increase in Q4 2021 reflected the market's resilience.

CBD Grade A office demand up more than 8x in 2021

This is according to Cushman & Wakefield’s latest Market Beat research report.