Colliers International has released its The Future of the Office Space Report, which examines four key issues central to the office sector’s future in the context of nine core APAC class A office markets: COVID-19’s effect on office fundamentals; the new office space; the evolution of flexible workspace; and investor sentiment in uncertain times.
Andrew Haskins, executive director, research, Asia, at Colliers commented, “Demand already seems to be picking up in China. Demand should stay firm in Bangalore, the city with APAC’s highest long-run growth prospects and a major technology center. We are optimistic about a medium-term recovery in absorption in Singapore, which is increasingly emerging as Asia’s most popular tenant location, while in Hong Kong SAR local and Mainland Chinese demand should offset possible lower demand from mul
