office space

High-floor office unit in GB Building at Tanjong Pagar up for sale at S$10.8 million

The building’s ground-floor retail podium was recently sold for S$39.2 million, or S$3,000 per square foot

Amazon has been adding office space in Manhattan after pulling back in the immediate aftermath of the pandemic.

Amazon expands space at WeWork’s offices in midtown Manhattan

[NEW YORK] Amazon.com signed a new lease with WeWork that will allow the retailer to expand its presence in midtown Manhattan.

HSBC’s decision will provide a boost to Canary Wharf, where office values have declined since the Covid-19 pandemic.

HSBC takes extra space in Canary Wharf due to HQ squeeze

[LONDON] HSBC has signed a lease to take extra space in Canary Wharf before shifting its global headquarters away from the East London financial district, according to a company memo seen by Reuters, ...

Shaw Tower, located in the Central Business District, is set to be completed in mid-2026.
TAKING HEART

Shaw Foundation Hong Kong ties up with NCSS to house social service agencies at upcoming Shaw Tower

This aligns with foundation’s philanthropic efforts, with the dedicated spaces focusing on mental wellness

An artist's impression of Singtel's refreshed Comcentre. The telco will be the anchor tenant, occupying 30% of the 110,000 sq m development.

Singtel, Lendlease break ground on new S$3 billion Comcentre

The redevelopment will have two 20-storey Grade-A office towers with 81,960 sq m of office space, and 20,000 sq m of lifestyle and retail space

An artist’s impression of the upcoming developments in Bishan.

Bishan to get over 2 million sq ft of office space, new integrated development

These are part of plans to grow decentralised office spots across the island and expand its regional hubs

The office vacancy rate in central London fell to 7.1% in March, according to agency Savills.

Return-to-office mandates fuel hopes of London property market revival

The trend is reflected in falling vacancy rates and record office rents in prime locations such as central London

Of all the businesses leasing space in London last year, banks and financial firms showed the biggest increase in size.

Banks want staff back at the office. There aren’t enough desks

Supply shortages are limiting what space is available, further complicating the return to office

The east London financial district is struggling to recover from a pandemic-induced drop in demand, even as other central areas of the city and prime locations globally from New York to Paris show signs of recovery.

London’s Canary Wharf office vacancies hit new record, data shows

It can hit as much as 30% if no tenants are found

Let a property group create a new landmark by redeveloping the OCBC Centre cluster of buildings.
THE LEVEL GROUND

OCBC should sell Chulia Street properties so assets can be redeveloped to benefit Singapore

Divesting these buildings will also help create shareholder value