SCB – Siam Commercial Bank’s Post

CBA, Westpac and Telstra are among 19 Australia’s largest companies that have cut their office needs by almost 200,000m2 in the Sydney CBD since the pandemic, sending office vacancy rates to 14.5%, nearly a 30 year high. Corporate Australia’s retreat has led to an oversupply of office space, gutting rental growth across the market. That, combined with rising interest rates, has ultimately sent valuations of the country’s most expensive commercial real estate tumbling by 20% or more. Source: The Australian Financial Review

Our latest global Occupier Services Adaptive FM report, which highlights agility, technology opportunities, workplace strategy transformation, and supply chain solutions. Our Real Estate Management Services is ever evolving, with an aim to drive consistent growth and meet the dynamic needs of our clients. Through innovative excellence, technology adoption, and the implementation of global best practices, we have been exceeding expectations and maximizing value for our stakeholders. The report emphasizes the cohesive strategies that are being developed to better align with business objectives and enhance the employee experience. Read more: https://ow.ly/nBWK50Tp412 Explore the report here - https://ow.ly/haBj50Tp40X #ColliersIndia #IndiaRealEstate #occupierservices #facilitiesmanagement #supplychain #growth #innovation Rajesh Shetty | Business News This Week

As we move deeper into 2024, the latest Trepp, Inc. CMBS Special Servicing Report has just dropped, revealing some crucial shifts in the commercial real estate landscape. Here's a quick dive into the numbers and what they might spell out for your investments: 1️⃣ Slight Uptick in Challenges: The overall special servicing rate has inched up by 10 basis points, now sitting at 8.21%. This is the highest point we've seen since mid-2021, signaling that there's still turbulence in the waters we're navigating. 2️⃣ Relief for Office Spaces: Interestingly, after a worrying upward trend, the office sector finally saw a drop of 32 basis points, now at 10.52%. This first decline of the year could hint at some stabilization or at least a temporary respite in what has been a hard-hit sector. 3️⃣ Lodging Stays Resilient: For us in the hotel business, it's a mixed bag. The lodging special servicing rate has seen a small increase of 41 basis points, which brings it to 7.82%. Despite the rise, it's worth noting that we're still managing better than most other sectors - including office, retail and mixed use. 4️⃣ Mixed-use and Retail Watching: Mixed-use properties have taken a notable hit, with a 69 basis point increase, indicating that these types of properties might be facing growing pressure. Retail, however, has seen only a minor change, suggesting some stability. 🚨 The Big Picture: This pattern of fluctuating servicing rates across sectors underscores the need for increase vigilance and oversight on investment decisions. As capital begins to flow back into the market, seizing the right opportunities will become more difficult over time. 🤔 What are your thoughts on these trends? Seeing similar patterns in your deals or markets? 🏨 If you're looking to dive deeper into hotel investing opportunities, let's connect! 📲 DM me to join our Hotel Investor Newletter for exclusive updates and insights #HotelInvestment #CMBS #RealEstateTrends #CommercialRealEstate

Our projects are only truly complete when clients experience their new environment – and the benefits it brings to business. For Advanzia Bank S.A., this meant a visionary workplace that would nurture talent and support growth, all while showcasing groundbreaking sustainability: •Ergonomic design and innovative workspaces for thriving employees •Amenities and furnishings for wellbeing and work-life balance •Energy-efficient systems that drive ambitious sustainability goals •A zero-carbon office that is a powerful asset for business performance Want to know more? Full interview video coming soon! #WorkplaceDesign #EmployeeWellbeing #SustainableDesign #ClientFeedback"

Real estate investment in Asia-Pacific is up 10.8%, driven by a 16.1% surge in office investments. Explore the top 25 trends for 2025, from cross-border activity to resilient defensive sectors, in Knight Frank’s latest Horizon Outlook Research. #CapitalMarkets #KnightFrankAPAC #2025Trends

Curious about the potential across office markets? Savills Research presents our latest Office Market in Minutes Q4 2024 reports, delivering in-depth analysis of occupiers, emerging trends, and strategic opportunities shaping the office real estate landscape. Our data-driven insights across specific market regions provide a comprehensive understanding of the current market climate. Access the reports here: https://lnkd.in/dnnVYjcc #CREInsights #WeAreSavills

From shifting workplace cultures to the prevalence of billion-dollar real estate trusts, 2024 has been a year of major transformation in business. Explore how these trends are shaping your daily life in our round-up of business stories: https://lnkd.in/g3TQRwAr

How to Use Pulse Surveys in Commercial Real Estate? 📊🏢 Pulse surveys are a powerful tool for CRE firms to optimise operations and improve tenant and employee involvement. Our latest blog explains how these quick, frequent surveys can drive informed decision-making and enhance operational efficiency. Read more: https://hubs.la/Q0340L-b0 #CRE #pulsesurvey #tenant #realestate #innovation #commercialrealestate

🔊 The May edition of SilverDoor's Market Update is out now!    After presenting some of the key findings to clients at our Industry Insights breakfast last week, the full report is now available on our blog and includes comment on managing demand during major events, supply pressures in hot locations and shifting workforce preferences. Read it today to discover the trends and trajectories of the serviced accommodation sector:  https://lnkd.in/e-7eQ4rS #businesstravel #globalmobility #servicedapartments #corporatehousing #marketresearch