Provinces in the Philippines drive office demand as they aim to attract more talent
BPO firms account for more than 56 percent of these deals
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The Philippines’ office market continues to gain momentum as H1 2022 comes to a close
Leasing volumes are said to further accelerate during the latter half of the year
Office spaces in the Philippines see an increase in demand, mostly coming from BPOs
Moreover, POGOs, which occupied the majority of office space prior to COVID-19, have slowly returned to the market
Singapore’s office & hospitality sectors recover in Q2 2022
Furthermore, it is a top-ranking destination for investors looking into the luxury property market
Office absorption in India sees record highs, growing 130% YoY by the end of Q2
The technology sector was at the forefront of office space demand at 42 percent
Hong Kong’s emerging office demand to boost absorption in H2 2022
Leasing activity in the office market has improved substantially since April, and the decline in Grade A office rent has recovered
Bengaluru becomes top performer in the real estate sector
Housing sales across eight cities in India went up by 60 percent annually from January to June this year
Office investments top Australia’s commercial real estate sector as foreign investors return
Foreign buyers were responsible for 38 percent of all deals in Q1 2022
The Philippines’ office segment, led by IT-BPM sector
The Philippines handles 10 to 15 percent of the worldwide BPO market and provides services mainly to the US
Hanoi sees an influx in coworking supply and Grade A properties
The majority of coworking spaces and serviced offices in Vietnam are located in large cities like Hanoi, which has 64 locations
Borders reopening contributed to Singapore’s economic growth in Q1, experts say
The city-state’s real estate market also saw a 21 percent annual increase in transactions of income-earning assets
South Korea sees the highest investment volume in commercial real estate in 2021
For the last two years, the highest unit-area rates for office properties have been recorded in the Gangnam Business District
The Philippines provides a myriad of opportunities for foreign investment
Retail and office sectors fared significantly while logistics and manufacturing grew at a steady pace of 3.5 percent YoY
North Bengaluru emerges as India’s newest business hub
After businesses in North Bengaluru create more jobs, it will capture ~30 percent overall office absorption by 2025
Australia’s industrial investment market to surpass office space by 2026
An influx in logistics deals will help the value of commercial real estate transactions in Australia is on return to pre-COVID levels this year
BPOs continue to dominate the Philippines’ office sector
It is expected that there will be a sustained demand in Cebu, Iloilo, and Pampanga
Australia’s office market showed strong growth rate in Q1 2022; Q2 to easily exceed 2021’s
The office sector remained the most popular in Asia Pacific in terms of overall volume
India’s office market recovers as office absorption and occupier confidence go back up
Office supply nearly doubled to 14.3 million sq ft
Tech firms in Taiwan drive demand for office space
JLL shared that tech firms have thrived during the COVID-19 pandemic, which in turn, raised the demand for office space
The Philippine real estate post-pandemic: What opportunities await investors?
Investors should start looking now for developments with the best potential to increase in value, recommends industry experts
As businesses across the world shift to flexible work schemes, how will the Thai office market cope?
CBRE Thailand predicts “space optimisation [to] take centre stage in the years to come”
