Apac flexible office space hits 89 mil sq ft: CBRE

Apac flexible office space hits 89 mil sq ft: CBRE was reported by EdgeProp Singapore on 6 August 2024.

As of June, flexible office space stood at 89 million sq ft across 20 major Apac markets, 3.9% higher than in December 2023.

Why this matters for Singapore commercial property

The update adds evidence on office demand, workplace strategy, vacancy and the competitive position of Singapore business districts. The story is relevant to businesses, landlords and investors comparing current market evidence before making leasing or acquisition decisions.

Key takeaways

• Market: Singapore office market

• Location: Singapore

• News date: 6 August 2024

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Source: EdgeProp Singapore, 6 August 2024