News
Mumbai prime retail leasing surges 82%
1+ hour, 30+ min ago (572+ words) Thanks to strong demand from international retailers. Mumbai's prime retail market recorded a banner year in 2025, with leasing activity surging approximately 82% year-on-year, according to JLL. While leasing activity declined 24% quarter-on-quarter in Q4, the full-year numbers reflect robust demand across malls and…...
Seoul office take-up steady despite relocations across major districts
1+ hour, 35+ min ago (924+ words) The market recorded a total net absorption of 11,200 sqm in Q4. Seoul's prime office market remained broadly stable in Q4/2025, recording total net absorption of 11,200 square meters and an average vacancy rate of 3.7%, in line with the previous quarter's 3.8%, according to a…...
This luxury boutique hotel recently launched in Ho Chi Minh City
1+ hour, 45+ min ago (501+ words) The property added 52 rooms to the city's stock. Ho Chi Minh City welcomed the launch of R've " Vignette Collection by IHG, a 52-room luxury boutique hotel located in the city center, in Q4 2025. Aside from this new opening, no additional international…...
Bengaluru gross office leasing hits all-time high in 2025
1+ hour, 50+ min ago (427+ words) Gross leasing increased 18.6% to 9.3m sq ft in Q4 alone. Bengaluru's office market closed 2025 on a high note, with Q4 gross leasing reaching a record 9.3 million square feet, up 18.6% year-over-year, according to a report by JLL. This strong fourth-quarter performance helped push total…...
Seoul CBD to see first prime office leasing supply since 2020
3+ hour ago (222+ words) Three new prime towers are set for completion in 2026. After a year without new prime office completions in 2025, Seoul's central business district (CBD) is set to see a fresh wave of high-quality supply in 2026, marking the first delivery of fully…...
Central Tokyo residential rents outpace average as C5W premium widens to 21.7% in Q4
2+ day, 21+ hour ago (537+ words) Higher wage growth amongst skilled professionals is driving rental growth in Central wards. The residential leasing market across Tokyo's 23 wards (23W) continued to record strong rental growth in Q4/2025, with nearly all constituent wards posting increases, according to a report by Savills....
Singapore business park vacancies increase to 22.9% in Q4
2+ day, 21+ hour ago (374+ words) This is despite signs of easing vacancies in older business park clusters. Singapore's business park market closed 2025 with stable occupancy levels but elevated vacancy rates, as tenant relocations into newly completed developments reshaped sub-market dynamics, according to a report by…...
Singapore CBD Grade A office rents rise for seventh straight quarter
6+ day, 2+ hour ago (517+ words) Rents increased by 0.3% in Q4. Average rents for CBD Grade A offices continued to climb in Q4/2025, supported by limited new supply and persistently low vacancy levels, particularly among premium assets, according to data from Savills. Savills reported that CBD Grade A…...
Tokyo office rents set to surpass pre-pandemic levels in 2026
6+ day, 2+ hour ago (426+ words) The overall outlook remains firm through 2028. The Tokyo office market across the Central Five Wards (C5W) is expected to remain on a solid growth trajectory, with both rents and occupancy approaching'and likely surpassing'pre-pandemic levels in 2026, according to the latest outlook from…...
Singapore CBD Grade A office vacancy falls to 6.7% in Q4
6+ day, 2+ hour ago (658+ words) Vacancy rates in the CBD Grade A office market continued to improve in Q4/2025, underpinned by sustained occupier demand and an ongoing flight to quality, according to data compiled by Savills. Savills reported that the overall vacancy rate for CBD Grade…...