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Demand for office space in Asia Pacific shrank in Q4 2011

Demand for office space in Asia Pacific shrank considerably during Q4 2011 as the fragile recovery in the United States and the ongoing Eurozone dept crisis weighed on occupier sentiment. Annual aggregate net absorption in Asia Pacific held firm but much of the activity took place in the first half of the year and momentum subsequently tapered off in September.

Daniel Lorenzzo

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river condo Bangkok

Demand for office space in Asia Pacific shrank considerably during Q4 2011 as the fragile recovery in the United States and the ongoing Eurozone dept crisis weighed on occupier sentiment. Annual aggregate net absorption in Asia Pacific held firm but much of the activity took place in the first half of the year and momentum subsequently tapered off in September.

Rental growth eases further as tenants turn more cost sensitive

The CBRE Asia Pacific Office Rental Index recorded a marginal increase of 0.3% q-o-q as rental growth continued to ease across the region. Tenants turned more sensitive over rental costs as the economic backdrop continued to deteriorate whilst new supply pressures in a number of markets further discouraged landlords from raising rents. Rents in Hong Kong, Singapore and Tokyo were all under downward pressure as multinationals sough to keep occupancy costs under control. Read More

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Covid-19 puts flexible space markets under strain

In the wake of operator defaults, landlords will be forced to re-evaluate the role of flexible space in their portfolios.

Daniel Lorenzzo

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The global Covid-19 outbreak has had serious negative effects on commercial real estate, including flexible space. Of late, many operators have experienced the flexible nature of the business working against them, as many occupiers have opted to surrender desks and implement work-from-home plans.

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Real Estate

How COVID-19 regulations are changing landlord-tenant dynamics

The negotiations are dependent on the circumstances of each landlord and tenant, with landlords attempting to strike a balance between maintaining earnings and supporting tenants through the crisis period to sustain occupancy levels and income over the longer term.

Daniel Lorenzzo

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Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords.

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Real Estate

Why 5G is racing ahead in Asia

Hong Kong, Seoul, Sydney, Taipei, Manila, Tokyo and Shenzhen have already introduced 5G networks. In May, Bangkok became the first city in Southeast Asia to roll out a 5G network, while Singapore in August started a six-month trial.

Daniel Lorenzzo

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Governments and businesses are keen to take advantage of 5G technology like High-speed connectivity, reduced latency and greater reliability

Asia Pacific is leading the charge for the next generation of mobile connectivity. Major cities across the region are rolling out 5G networks this year, which are poised to reshape connectivity and big data with blazing-fast download speeds.

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