The Asia-Pacific region is set to experience a substantial increase in office space availability in 2026. Over 100 million square feet of new office space is projected to enter the market, which will notably influence vacancy rates and rental trends across the region.
Key points to consider include:
- Market Impact: The influx of new office space is expected to alter regional vacancy rates, potentially increasing vacancies initially as supply grows.
- Rental Growth: Despite the large volume of new space, rental growth may experience variation depending on local demand and absorption capacity.
- India’s Role: India is anticipated to absorb a significant portion of this new office space without experiencing a major impact on rental prices, suggesting strong underlying demand.
Overall, this boom in office space is a critical trend to watch for businesses, investors, and policymakers in the Asia-Pacific region, as it will shape the commercial real estate landscape in 2026 and beyond.
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