Grade A office
COTD: Office rent growth remains flat in Q3 2024 amidst rising vacancies
COTD: Office rent growth remains flat in Q3 2024 amidst rising vacancies
Overall CBD Grade A office vacancy rate rose to 8.3% in Q3.
CBD Grade A office rents show stagnation in 1Q24
Rents for CBD Grade A offices held steady at $9.65 psf.
Grade A office rents hit 15-year high in Q1
Rents are expected to surge further in 2024 due to higher demand.
Tech sector to spur office leasing activity in 2024: expert
2024 will see 2.9 million sq. ft. of new office supply.
Rental growth in Core CBD Grade A office market to slow in 2023
CBRE expects rents to only increase by 1.0% YoY.
How much firms are charged to rent green spaces
In Singapore, the premium stands between 4%-6%, JLL reported.
Rents for Core CBD Premium and Grade A offices rise to $11.30 psf
The Q3 figure surpasses the pre-pandemic high of $11.27 psf.
CBD Grade A office rents demand up by 0.4% in Q2 22
Net demand for offices amounted to 136,00 square feet.
CBD, Grade A office rents grew 1.8% QoQ in Q2
Rents were at $11.10 per square feet in the second quarter of 2022.
Office markets see ‘positive signs’ amidst precarious COVID-19 situation
These signs include the prevailing tight vacancy in the Grade A market.
Office investment volumes crash 59.7% in Q3
But office investment sales are expected to improve in the next quarter.
SG, HK office rental premium gap down to 108%: Cushman & Wakefield
This is coming from a 135% gap in 2015 and a peak of 173% in 2017.
CBD Grade A rents stabilize, recovery seen in H2
Vacancy in the second quarter expanded, but CBD Grade A rents are expected to recover in the second half.
Q2 records highest vacancy rates for CBD Grade A offices in 3 years
Vacancy rates surged to 4.6% in Q2 2021.
Daily briefing: APAC stock markets lead global charts in H1; SG grants interim authorisation for GSK-developed drug use for COVID-19
And Suntec REIT announces plan to buy London office for US$489m.
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