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Positive office market numbers, but clouds loom
Firms which are assessing the impact of the trade war are right-sizing and going for renewals instead of expansion
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Published Fri, Jul 26, 2019 · 09:50 PM
Singapore
THE latest official data points to overall positive indicators for the Singapore office market, but some analysts see warning signs.
CBRE's associate director of research Catherine He said: "We have observed more cautious sentiments as firms are assessing the full impact of the trade war, with more opting for renewals rather than committing capital expenditure to expand or relocate."
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