Singapore office landlords embrace flexibility and tech as they spruce up properties
Tie-ups with co-working players, diverse leasing options and cleaner environments among the changes
Singapore
OWNERS of Grade A office properties in Singapore are injecting more flexibility, tech innovation and refurbishments into their offerings, to vie for tenants seeking higher-quality spaces and agile workplace leasing.
Gone are the days of cubicles and rigid lease structures as the template. Cushman & Wakefield (C&W) noted that available traditional office space will start to decline as landlords incorporate more flexible space into their buildings, either via direct lease or management agreements with co-working operators, or through the landlord's own co-working brand.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2