Research Centre

Asia Pacific Office Trends Q1 2018


20 Apr 2018

  • Asia Pacific saw resilient office leasing demand in Q1 2018, driven by the financial, TMT and co-working sectors.
  • China recorded strong leasing activity for space in major cities. Leasing demand in Hong Kong also gained momentum, supported by strong net absorption in new primary stock.
  • In Japan, although the strong yen may yet dampen business sentiment, robust corporate earnings generated solid demand from companies seeking to relocate to new and recently completed buildings. Seoul saw an increase in relocation and expansion demand from various industries.
  • Singapore recorded positive albeit slightly slower leasing momentum driven by a diverse range of sectors. Leasing activity in India remained healthy, with net absorption registering the highest first quarter total since Q1 2010.
  • Australia also registered an upbeat quarter, with stable demand ensuring the market continued to tighten in Sydney and Melbourne.

To read the full report, please visit the Global Research Gateway. However, you must log in or register for free to access the Global Research Gateway.  Your member login details for CBRE Thailand are not applicable.

James Pitchon
Executive Director

Phone: +66 2 119 2901
Fax: +66 2 685 3307
CBREThailand
Executive Director
james.pitchon@cbre.co.th
Sales Staff
Nithipat Tongpun
Executive Director

Phone: +66 2 119 2700
Fax: +66 2 685 3307
CBREThailand
Executive Director
nithipat.tongpun@cbre.co.th
Sales Staff