CBD Grade A Office Rents Growth
Limited supply, back-to-office momentum boost Core CBD Grade A office rents
Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.
1 day ago
Limited supply, back-to-office momentum boost Core CBD Grade A office rents
Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.
1 day ago
Chart of the Day: Rental growth of Grade A offices to be subdued in 2023
Rents will grow 2% YoY in 2023, according to Savills.
Premium, Grade A office space rents up by 0.9% QoQ in Q4 22
Rents reached $11.40 per square feet in the fourth quarter last year.
Grade A office rents rise by 1.4% in Q3: report
This is the highest yearly growth in a quarter since end-2019, Savills noted.
Grade A office rents to grow around 3%-5% for 2022
Return-to-office momentum to drive higher demand for offices.
Grade A Core CBD office rents mark fastest pace of increase since 2021
Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.
CBD Grade A office rents climb 2.1% QoQ in Q122
By yearend, analysts expect rents to trend higher to about 5%.
CBD Grade A rents lead charge in office market
The 0.5% QoQ increase in Q4 2021 reflected the market's resilience.
CBD Grade A office demand up more than 8x in 2021
This is according to Cushman & Wakefield’s latest Market Beat research report.
CBD Grade A office rents grew 0.5% QoQ after 5 quarters of decline
Net demand remains positive albeit at weak levels.
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