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Redevelopment may head off office market blues

Cushman & Wakefield figures show that the average CBD Grade A office rental value has eased 2.7% since last year

Singapore

SINGAPORE office rents are easing amid a drop in demand as businesses go into cash-conservation mode amid a recession, prompting some to downsize their headcount.

However the limited completion of new CBD Grade A offices this year and next should mitigate the rental drop...

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