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Office MarketBeat Report

Claro Cordero Jr. • 06/05/2025

The average headline rent for Prime and Grade ‘A’ developments in Metro Manila was recorded at PHP 987 per sqm per month by the end of Q1 2025, reflecting a minor decline from the previous quarter's rate of PHP 990 per sqm per month.

Despite current high vacancy rates, rents in key Central Business Districts (CBDs) such as Makati and Taguig City are expected to remain stable in the medium term.

 

MORE INSIGHTS

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Research

What Occupiers Want: Global Survey Results 2025

In partnership with CoreNet Global, Cushman & Wakefield presents the 2025 edition of What Occupiers Want—our biennial global survey that captures key priorities and perspectives into the shifting dynamics of decision-making, investment, workplace trends and portfolio strategies of occupiers worldwide.
Despina Katsikakis • 25/07/2025
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Research • Workplace

The HCMC South office market transforms with the wave of Technology occupiers

Ho Chi Minh City, Vietnam’s economic powerhouse, continues to attract both domestic and international businesses, driving a growing demand for high-quality office space.
Ngoc Le • 23/07/2025
Hong Kong Office Retail Residential Market Report 1H 2025
Research • Economy

Hong Kong Office, Retail And Residential Markets 1H 2025 Review And 2H 2025 Outlook

Momentum in the Hong Kong primary residential market sustained in the 1H period. The Grade A office market again achieved positive net absorption in Q2, although rents remain under pressure. In the retail sector, despite a steady rise in visitor arrivals, sales have yet to show notable improvement and vacancy pressures persist.  
Rosanna Tang • 03/07/2025
Philippine Property Market News (January 2020)
Research

Philippines Property Market News

Our May 2025 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
Claro Cordero Jr. • 30/06/2025
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Research

Reshaping the City Report 2025

Australia’s CBDs are evolving and so is the commercial office market. With more than 2 million square metres of prime office leases set to expire in Sydney and Melbourne between 2026 and 2028, competition is heating up.
23/06/2025
what occupiers want 2025-hero mobile.jpg
Research

What Occupiers Want: Global Survey Results 2025

In partnership with CoreNet Global, Cushman & Wakefield presents the 2025 edition of What Occupiers Want—our biennial global survey that captures key priorities and perspectives into the shifting dynamics of decision-making, investment, workplace trends and portfolio strategies of occupiers worldwide.
Despina Katsikakis • 20/06/2025
Sorim Jie card image
Insights • Workplace

Sorim Jie: Seoul's Office Market Remained Sought After with Low Vacancy Rates

Korea office market has not been largely affected by Covid-19 nor WFH. Although there has been a slowdown in rent increase and net absorption, the vacancy rate in major business district is still under 5% and the cap rate still at mid-4% for Grade A offices.
Sorim Jie • 13/05/2025
APAC Marketbeat
MarketBeat

Philippine MarketBeat

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Claro Cordero Jr. • 06/05/2025
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Research

Charting New Territories: Philippine Real Estate Market’s Dynamic Landscape

Despite challenges facing the Philippine real estate market, established CBDs remain resilient, and the diversification into multiple sub-markets offers new opportunities.
Claro Cordero Jr. • 30/01/2025
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