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Office & Business Space

Singapore Offices 1H/2023

From the publication: Asian Cities Report 1H 2023

"With increasing economic challenges and the shedding of workers in the tech industry, the Singapore office market is now at a crossroads. Although many tenants have been impacted by the troubles afflicting their respective industries, their office leases still have a reasonable runway left, courtesy of signing long term leases when times were good. However, today, more find themselves with space which they do not need and are actively trying to lease out."

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Office & Business Space

Kuala Lumpur Offices 2H/2022

From the publication: Asian Cities Report 2H 2022

"2022 witnessed the relaxation of COVID-19 restrictions and the reopening of various economic sectors as Malaysia transitioned to the endemic phase. As a result, the Gross Domestic Product (GDP) in Q3/2022 recorded a significant YoY growth of 14.2% to RM383.8 billion, an increase of RM47.6 billion from Q3/2021. "

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Sustainability

Korea ESG 2H/2022

From the publication: Asian Cities Report 2H 2022

"According to the United Nations Environment Programme in 2020, global building operations accounted for about 31% of total energy consumption. As a result, measures have been taken worldwide to reduce total emissions via the implementation of policies on eco-friendly construction and energy efficiency of existing buildings, and Korea has also made efforts to keep pace with the global trend."

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Industrial & Logistics

Hong Kong Industrial 2H/2022

From the publication: Asian Cities Report 2H 2022

"The city continued to struggle against a confluence of downside risks including a slowing domestic economy, stringent border policies, rising interest rates and an uncertain macro-outlook. Total imports and exports of goods and services are expected to drop by 9.9% YoY and 10.3% YoY respectively due to restrictions on crossborder activity with mainland China and the deterioration in demand from the rest of the world."

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