Research
The Office Index: Q2 2020
August 21, 2020
Highlights from the report include:
- Subdued leasing activity caused rents to decline 1.3% in aggregate, however Seoul, Manila and Osaka shine as bright spots
- Economic uncertainty, and softening demand coupled with large supply volumes are likely to maintain downward pressure on rents
- Fiscal and monetary policies across the region coupled with investors’ long-term view will provide support to capital values