Rosy near-term outlook for major Asia-Pacific prime office markets: Knight Frank

Rosy near-term outlook for major Asia-Pacific prime office markets: Knight Frank
Staff reporterDecember 4, 2017

Leasing momentum remains robust across Asia-Pacific prime office markets, helped by growing market confidence and a strong recovery of Asia’s export markets so far in 2017, according to Knight Frank.

Robust trade growth, a slight recovery in commodity prices and increased manufacturing and investment paint a good picture of the near-term outlook for major Asia-Pacific prime office markets.

Melbourne, Sydney and Brisbane were all in the top 10 for office yields, according to Knight Frank's latest research.

Click to enlarge

“Over the next 12 months, we expect rents in 16 cities out of the 20 tracked to either remain steady or increase, which is the same as our previous forecast,” according to report author Ying Khuan Pow.

Editor's Picks

Goldfields appoints ULTRA Building Co to deliver The Bryson, Chatswood apartment development
How Alroe has ticked off three must-haves for luxury apartment buyers at Lune Main Beach
The unrivalled dress circle location of 71 Garfield apartments
Iridian Residences to bring rare new apartments to Hampton East as completion approaches
First home buyers to pay no stamp duty on new property in QLD Gov shakeup