Property News · September 8, 2025

Resilient Asia shines as global office market sees signs of recovery


The facts speak for themselves. In 2019, investment transaction volumes in the office markets of central London and the New York borough of Manhattan reached US$17 billion and nearly US$16 billion respectively, according to MSCI. Last year, they stood at between US$2 billion and US$3 billion.
The Covid-19 pandemic, which kept many workers around the world at home, sapped demand for office space. Meanwhile, the sharp rise in interest rates hurt the sector even more, reducing the value of office…

Source : South China Morning Post
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