Chart of the Day: Tightening office vacancy rates loom in 2022 as tenants snap up limited supply

Marina Bay vacancy levels are expected to tighten to single-digits.Singapore’s office market is expected to maintain its positive trajectory over the coming years unlike other APAC markets who are bottoming out with vacancy rates poised to tighten across major CBDs, according to DWS Asia Pacific Real Estate Strategic Outlook.Occupants are expected to aggressively snap up the massive offce supply installed in 2017 with vacancy levels in Marina Bay poised to crash to single digits from 19.3% in 2017 to an

Source: Chart of the Day: Tightening office vacancy rates loom in 2022 as tenants snap up limited supply | Singapore Business Review

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