PETALING JAYA (July 27): Despite office rents generally remaining stable, the resizing measures taken by some companies due to Covid-19 pandemic are likely to result in downward pressure on rentals and occupancy rates in the short-term, said Nawawi Tie Leung Property Consultants.
KUALA LUMPUR (July 23): Employees across Asia Pacific have adapted to extensive work-from-home arrangements, but most are eager to return to the office, according to JLL.
KUALA LUMPUR (July 14): Knight Frank Malaysia expects the Covid-19 pandemic to exert downward pressure on rental and occupancy levels in the oversupplied Klang Valley office market as the gap between supply and demand continues to widen amid weaker office demand and shrinking pool of tenants, it said in its latest Real Estate Highlights for 1H2020.
KUALA LUMPUR (July 7): Fujitsu Ltd has announced plans to slash office space in Japan by 50% over the next three years, Bloomberg reported yesterday.
KUALA LUMPUR (July 6): Tasek Gelugor Member of Parliament (MP) Datuk Shabudin Yahaya (pictured) has been made a deputy minister in the Prime Minister's Department, in charge of Parliament and law.
KUALA LUMPUR (June 30): Rental growth for office and logistics are expected to be encouraging in Asia Pacific (APAC) countries, according to the Asia Pacific Real Estate: Still Good Value in a Changed World report (part two) by Colliers International released on June 29.
PETALING JAYA (June 27): KEN Holdings Bhd’s Menara KEN TTDI has won Gold at EdgeProp Malaysia’s Best Managed and Sustainable Property Awards in the below 10 years non-strata office category this year.
Slowdown in tenant demand, reevaluation of office space usage expected in coming months: KPMG International
KUALA LUMPUR (June 24): The pandemic has disrupted the office landscape, which will face a challenging time in the months ahead, according to KPMG International’s “Real Estate in the New Reality” webinar on June 23.