COMMERCIAL PROPERTY | Staff Reporter, Singapore

Chart of the Day: Financial services are the biggest occupiers of CBD and Grade A offices

The sector is an early adopter of flexible leasing strategies.

This chart from Colliers International shows that the financial services (45%) is the biggest occupier sector for CBD Premium and Grade A office stock.

"Notably, the banking and financial services sector is an early adopter of flexible leasing strategies, despite initial concerns around privacy and security," the firm noted. 

Other major occupiers include professional services (13%), energy and shipping (10%), as well as the technology sector (6%), and flexible workspace (5%).

"Overall, we view the increasingly widespread adoption of a ‘flex’ office component amongst businesses as a key catalyst for sustainable, long-term growth of the flexible workspace industry," the firm said.

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