{"id":4361,"date":"2021-07-16T14:37:00","date_gmt":"2021-07-16T06:37:00","guid":{"rendered":"https:\/\/aprea.asia\/?post_type=knowledge-hub&#038;p=4361"},"modified":"2025-03-27T14:39:36","modified_gmt":"2025-03-27T06:39:36","slug":"asia-pacific-office-rental-variability-index-2021-cushman-wakefield","status":"publish","type":"knowledge-hub","link":"https:\/\/www.aprea.asia\/zh\/knowledge-hub\/asia-pacific-office-rental-variability-index-2021-cushman-wakefield\/","title":{"rendered":"Asia Pacific Office Rental Variability Index 2021 (Cushman Wakefield)"},"content":{"rendered":"<p class=\"\">The Asia Pacific office demand declined from 103 million sf in 2019 to 53 million sf in 2020 as occupiers sought to limit cost exposures during the COVID-19 pandemic.<br>In line with this decline in demand, vacancy has increased, and rents have softened across most markets, pushing them towards greater tenant-friendly status and providing occupiers with a window of opportunity in negotiating any forthcoming lease commitments.<\/p>\n\n\n\n<p class=\"\">However, corporate occupiers need to be aware that these changes may not bring the cost savings that they might expect \u2013 some markets may see tenants having to pay more on a new lease than they were paying on the last year of an expiring lease.<\/p>\n\n\n\n<p class=\"\">In our Asia Pacific Office Rental Variability Index we take a closer look at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">The current state of play in 36 key office cities across Asia Pacific<\/li>\n\n\n\n<li class=\"\">The extent of, and variability in, rental change over the duration of average lease terms at the city level<\/li>\n\n\n\n<li class=\"\">Strategies that occupiers might wish to explore to help navigate the impacts of this rent variability<\/li>\n<\/ul>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":true},"kh_category":[16],"class_list":["post-4361","knowledge-hub","type-knowledge-hub","status-publish","hentry","kh_category-market-outlook"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia Pacific Office Rental Variability Index 2021 (Cushman Wakefield) - Asia Pacific Real Assets Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aprea.asia\/zh\/knowledge-hub\/asia-pacific-office-rental-variability-index-2021-cushman-wakefield\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia Pacific Office Rental Variability Index 2021 (Cushman Wakefield) - Asia Pacific Real Assets Association\" \/>\n<meta property=\"og:description\" content=\"The Asia Pacific office demand declined from 103 million sf in 2019 to 53 million sf in 2020 as occupiers sought to limit cost exposures during the COVID-19 pandemic.In line with this decline in demand, vacancy has increased, and rents have softened across most markets, pushing them towards greater tenant-friendly status and providing occupiers with ... 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