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APAC Office MarketView - Rents increase but increasing vacancy points to rental growth slowdown
Rents increased 0.7% quarter-on-quarter in Q2 2015, while office prices likewise increased 0.7%. This came as occupier demand was driven by expansionary and relocation activity in Tokyo, Shanghai, Hong Kong and Bangalore. However, at a regional level, new office supply outstripped demand for the second consecutive quarter, pointing towards what…
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