Tag: office

Office Investors Take Note: Co-Working Spaces are Invading

Office Investors Take Note: Co-Working Spaces are Invading

Co-office spaces continue to encroach, tripling in space consumption since 2015. At this point, co-working spaces have lived up to their reputation as the Grab / Uber of the office sector. Office investors, take note: What’s happening on the co-working scene? In 2015, co-working spaces took up 1.2 million square feet in Net Lettable Area…

CBD rent fall, more companies are moving to business parks

CBD rents fall sharply in Q2 2015

Figures bucked 9 straight quarters of growth as more companies are moving to business parks. According to latest reports from property consultancies, office rents in prime Central Business District (CBD) areas fell for the first time in nine straight quarters of growth. Rents in Marina Bay experienced the sharpest fall of 16.7% quarter on quarter…

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