Singapore Office Rents Up 2.4% In Q2: URA

SINGAPORE – Office rents in the city-state increased by 2.4 percent quarter-on-quarter in Q2 compared to the prior three-month period, according to the 2nd Quarter 2022 real estate statistics published by the Urban Redevelopment Authority...

Silicon Valley’s Office Rental Market Sluggish In Q2

USA – Data from real estate consultancy Colliers showed that Silicon Valley’s office leasing market was weak during the second quarter of the year, reported The Silicon Valley Business Journal on Saturday (16 July, SGT) In...

Amazon To Occupy 369,000 Sq Ft At IOI Central Boulevard Towers

SINGAPORE – E-commerce giant Amazon is said to have signed a deal to lease 369,000 sq ft of office space at the IOI Central Boulevard Towers, reported The Business Times on Friday morning (8 July,...

Decline In Hong Kong Office Rents Eases To 0.8%

HONG KONG – The drop in Grade A office rents in the Chinese territory has moderated again as office leasing activity gradually recovered as the 5th wave of the COVID-19 pandemic abated since April, revealed...

Singapore Office Rents Impacted By Prior Downturns

SINGAPORE – A study by National University of Singapore’s (NUS) Institute of Real Estate and Urban Studies (IREUS) revealed that office rents in the city-state’s Central Region were significantly affected during the last three economic...

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