Research

The Office Index: Q3 2020

The Office Index report shows that Asia Pacific quarterly gross leasing activity increased 80% q-o-q, nearly matching 3Q19 levels.

December 01, 2020

Highlights from the report include:

Subdued leasing activity caused rents to decline 1.3% in aggregate, however Seoul, Manila and Osaka shine as bright spots
Economic uncertainty, and softening demand coupled with large supply volumes are likely to maintain downward pressure on rents
Fiscal and monetary policies across the region coupled with investors’ long-term view will provide support to capital values

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