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COMMENTARY

Asia-Pacific's office market on the mend

Recent data suggests that Asia-Pacific will be more resilient relative to the other global regions, particularly the Western world.

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The advanced economies in the region including Singapore are expected to lose 340,000 office jobs in 2020, more than four times the loss during the GFC in 2009 and three times the loss during the Asian Financial Crisis in 1998-99.

THE Covid-19 pandemic has profoundly impacted commercial real estate in a number of ways. Some are cut and dry, while others are not so simple.

One of the most widely discussed and fiercely debated topics is the future of office real estate, the role it will play, and how occupier...

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