Weak demand, increased availability led to the first drop in overall office rents in five years
- Written by Reporters
- Office absorption in Q2 supported by MNC cost-saving relocations and a significant amount of pre-leases in new completions
- Decreasing retail sales dented the rental growth in core retail areas, despite a general increase in tourist arrivals in the first five months of 2019
- Outlook of both office and retail leasing markets in H2 clouded by economic...