
City Office Market Watch
"While take-up remains low, the increasing level of under-offers shows some positivity"
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"While take-up remains low, the increasing level of under-offers shows some positivity"

"Edinburgh is currently the only UK regional office market that has a Q1-Q3 2020 take-up exceeding that of 2019"

"Demand returning to the market with an uptick in requirements recorded"

"Fit-outs of offices in class-B and class-C buildings are expected to rise as the pandemic postpones company moves to superior buildings, presenting a new set of challenges."

"Q3 showed a significant uplift on Q2 in the regional office markets"

"Although the Covid-19 pandemic has caused office take-up to be significantly below average levels, Cardiff has attracted some key office occupiers throughout the first three quarters of 2020"
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"Following a strong second semester last year, the office market in Jakarta CBD started off the year with a rather soft performance. While enquiries continue to derive from tenants looking for better quality space, net take-up in the first three months fell from a quarter ago."

"Supply increases as the delivery of tenant space gains momentum"
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"Signs of the potential impact of COVID-19 on the Tokyo office market have surfaced, though for now Shibuya is the main focus. Even so, given the cash holdings and short-term fi nancial forecasts of Japanese corporates, average rents should hold steady over the next six months."
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"Transactional activity begins to build as we head into Q4"