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Office landlords defy market conditions with new lease deals

Office landlords defy market conditions with new lease deals
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Leading office landlords are defying the pandemic-hit market with a swathe of new lease deals in the premium-grade echelon, albeit with higher incentive packages to entice tenants to get workers to return to the city-based properties.
AMP Capital, Dexus and Investa have all inked new deals in the past few months, with directors saying demand for premium-grade towers is buoyant.
AMP Capital s Quay Quarter Tower at Sydney s Circular Quay.
Leasing agents have said incentives in rent contracts stand at an average of 22-30 per cent across city-based assets. ....

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Offices are the top choice for Asia-Pacific property investors in 2021, survey finds

Offices are the top choice for Asia-Pacific property investors in 2021, survey finds
CNBC
1/21/2021
Abigail Ng
Real estate investors in Asia Pacific are most likely to put money into offices in 2021, with 31% of respondents choosing the sector over other market segments in a recent survey.
That s despite huge changes to workplaces following the coronavirus pandemic, such as work-from-home arrangements becoming the norm last year.
There is growing confidence that offices are still very relevant, though some believe that Covid-19 and remote working could bring about the death of offices, said Terence Tang of Colliers International.
Asia-Pacific s Tier 1 city offices remain asset of choice among investors: Colliers International ....

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