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CBRE sees business park space crunch post-2016

No new developments planned; Q2 vacancy rate falls, with higher demand from pharma, tech firms

Published Thu, Jul 2, 2015 · 09:50 PM

Singapore

WITH no new developments planned beyond 2016, the business park sector could face tighter vacancy and possibly an undersupply in the future, according to CBRE Research.

Already, islandwide vacancy rates for business parks have fallen to 9.1 per cent in the second quarter of this year, from 10.4 per cent in Q1.

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Property

Property

CBRE sees business park space crunch post-2016

Property

London's Canary Wharf sees £1.2b slashed from property values

Commercial real estate debt is back with 170% jump in sales

Chinese city of Chengdu relaxes home-buying rule to revive sales

Vanke slams Moody’s downgrade, citing shareholder support

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

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