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February 06, 2007

Rental growth will continue to offer Central London office investment performance in 07/08 | INRnews

London, UK, February 06, 2007 – Rental growth will continue to offer Central London office investment performance in 2007 and 2008 and the weight of money chasing the sector will continue with no dramatic shift in yields according to Knight Frank, which today hosted its annual Central London Research breakfast at The Dorchester, London.

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February 05, 2007

Hong Kong Grade ‘A’ Office Market remains active | INRnews

Hong Kong, SAR, February 05, 2007 - According to real estate services firm Cushman & Wakefield, Hong Kong’s Grade ‘A’ office market continued to edge higher towards the finish of 2006 and January 2007. The non-Hong Kong island areas of Tsimshatsui and decentralised locations were the only areas to experience negative rental growth in the past 3 months.

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January 31, 2007

Singapore office rentals rise, vacancies drop in 4Q 2006 | INRnews

Singapore, January 31, 2007 - A tight supply and a burgeoning demand for quality office space have led to a significant rise in office rentals and drop in vacancy rates for such space in Singapore according to real estate services firm Cushman & Wakefield.

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Beijing office market sees small rise | INRnews

Beijing, January 31, 2007 - The Beijing office market was still on a slight rise in November according to real estate services firm Cushman & Wakefield. Net effective rents in the Prime office market achieved a slight increase of 1.8% to US$ 40.64 per sq m per month since last month. Average rents for Grade A and Grade B office market marginally went up to US$ 27.04 and US$ 17.75 per sq m per month, respectively.

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Shanghai Office Market Remains Strong in 4Q 2006 | INRnews

Shanghai, January 31, 2007 - According to latest research from Cushman & Wakefield, the leasing performance of the Shanghai Grade ‘A’ office market remains strong in the 4th quarter. With limited supply and large demand generated by the aggressive expansion plans of MNC’s into China, the rental rate keeps rising at a stable rate, and vacancy rates remain at a low level.

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January 25, 2007

Aberdeen experiences property market growth as demand for quality office space increases | INRnews

Aberdeen, UK, January 25, 2007  – As Aberdeen’s economy is set to increase by 2.1 per cent this year, its office market is expected to follow suit, underlying the city’s position as a major regional office location, according to international property consultancy, Knight Frank, as it launches its annual Aberdeen Office Market Activity Report 2007 today.

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January 05, 2007

London retains crown as global property costs capital | INRnews

London, January 05, 2007 - For the seventh consecutive year, London’s West End has retained its position as the world’s most expensive office location. London (City) was ranked number four. DTZ’s tenth annual Global Office Occupancy Costs (GOOCs) Survey 2007, published today, is a guide to total occupancy costs across 131 business districts in 46 countries worldwide divided into six regions. Ranking is on a workstation basis.

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November 09, 2006

USA office market remains vibrant, but growing construction pipeline looms | INRnews

Boston, November 09, 2006 - Reflecting a vibrant economy, Q3 was another rock-solid quarter for the office market, with healthy demand for office space nationwide, according to a report by Colliers International, a leading global real estate services firm.  This success is in-line with a still robust U.S. economy; indeed, third quarter job creation staged a comeback with 167,000 jobs per month versus 115,000 in the second quarter, representing welcome relief.  In addition, “office using employment” (employment related to information, financial activities, professional and business services) continued to post in excess of 2.0 percent annual growth, reinforcing a healthy office market.

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