Chart of the Day: Average office occupancy higher in FY15-FY18 compared to FY01-14

2015 will experience rent growth of 10%.

Leasing activity will surge in the coming months ahead of the supply deluge in 2016.

According to BNP Paribas, although net absorption has been strong, the strength of demand is a concern as a fair number of transactions were driven by relocation or upgradation, rather than expansion.

For 2015, analysts at BNP Paribas anticipate strong y-y rent growth of 10%. However, growth is expected to be stronger in 1H15 and weaker in 2H15. This is mainly due to expectations of a flurry of leasing activity ahead of the 3.6m sf new supply due to come onstream in 2016 (e.g., from the Marina One, Guoco Tower and Duo projects). 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.