Browsing: Asia Pacific Office Absorption

Reports Asia Pacific Office Report, Colliers Report, Asia Pacific Office Demand, Asia Pacific Office Supply, Asia Pacific Office Absorption, Asia Pacific Office Occupiers, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalist

Asia Pacific office demand surges 10.7% as occupiers chase ’flight to quality’

India, New Zealand, and Singapore saw annual leasing growth of over 30% in Q3 2024. Demand across the top 11 countries in the APAC region rose by 10.7% YoY, reaching 2.2 million sqm (23.7 million sq ft) in Q3 2024. India continued to lead APAC office market activity, driving over 70% of the total demand during Q3 2024. The Asia Pacific office market is predicted to grow in 2025, with new Colliers’ data showing demand across top markets surging 10.7% year-on-year (y-o-y) in the third quarter of 2024.