Cbre Office Outlook
Office leasing in india 2015 2019.
Cbre office outlook. Flexible office providers will strategically expand their footprint but a drawback by wework will significantly slow expansion from previous years. T t t t t t t. Cbre expects nationwide office demand to dip by as much as 40 y o y during q1 2020 followed by a period of stabilisation and recovery in subsequent quarters. Download report office using employment growth.
This was mainly supported by growth from the finance insurance business services other services and information communications sectors. Collaborate for free with online versions of microsoft word powerpoint excel and onenote. Save documents spreadsheets and presentations online in onedrive. Join us as we dive into cbre s 2020 office outlook for 2020 hosted by ben martin henry head of capital markets office and btr research flint davidson head of capital markets office and mark curtain regional director of office leasing for the pacific.
In completions a 70 bps increase in vacancy and 1 6 rent growth. Share them with others and work together at the same time. In 2019 the services producing industries registered a growth of 1 1 y o y which was a slowdown from 3 4 in 2018. A view on the prospects for a global economic recovery and the road back for commercial real estate with richard barkham cbre s chief global economist.
The outlook for commercial real estate s recovery. Overall in addition to marking a clear shift in the cycle 2020 will be a watershed year in the changing role of the office as a high quality point of contact destination in a far more fluid portfolio of space solutions. Rents for office and logistics real estate to hold steady while rental pressure remains for retail according to cbre s latest research report real estate market outlook 2020 singapore the property market in singapore is expected to remain resilient in the year ahead. Weaker gdp growth to weigh on office demand.
Cbre research cbre econometric advisors q3 2018. Learn how to be in an advantageous position next year by exploring cbre s 2019 office occupier outlook report. M a figure on par with 2019 but a decline of 19 from previous forecasts. A long winding road.
As a result full year office net absorption is forecast to reach 3 5 million sq.