The Times Real Estate

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Grade A Office Rental Decline Slowed and Expected to Stabilize in 2H 2022 Retail Sentiment Recovered, F&B Operators Stayed Active

  • Written by Auzzi Shopping

Medical, sports and wellness sectors to become the new growth drivers of the post-pandemic leasing market

  • Overall Grade A office rental level in Q2 2022 fell by 0.8% q-o-q, slightly less than the 0.9% q-o-q drop seen in Q1, with a 2022 full-year decline now predicted at 2% to 3%
  • Increased demand from the healthcare and medical aesthetics sector, together with serviced offices and co-working space operators, is now expected to be new drivers of office absorption.

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