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"The Danish part of the WPP agency Wunderman has signed a major lease agreement for a creative office building in Nordvest. The building has great potential in combination with a vibrant and creative local environment."
"The UAE in November announced amendments to its labour laws in light of flexible working practices implemented during the Covid-19 pandemic. "
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"Rents for well-located and newer offices are likely to remain stable while older offices with poor accessibility will struggle. This trend is expected to continue to soften the overall market as a result, although there are some signs of recovery."
"Rental declines were milder in Kowloon with vacancy gradually absorbed after the aggressive rental adjustments of late last year. "
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"A stable economy will support the demand for offi ce space despite the signifi cant fall in leasing momentum."
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"Many companies are considering a shift to hybrid working – a mixture of office and remote working. The question is - where might this work best? Savills Hybrid Working Index analysed 21 cities to assess how quickly different cities around the world could embrace this transition."
"Summer sees an uptick in activity as take-up, under-offers, and active requirements are all on the rise"
"July sees highest monthly take-up since before the pandemic"
"Record July as flight to quality intensifies"
"Savills Hybrid Working Index shows that Los Angeles, Marid and London have the fastest transition to hybrid working, while Shanghai and Ho Chi Minh City were the slowest."
.jpg "Savills Research")