Cushman & Wakefield : Office Leasing Activity Grows but Availability Remains High
F&B Rents in First Rise Since Q3 2016 yet Relaxation of Cross-Border Restrictions may Impact Short-Term Demand Highlights of Office Market – Citywide rents dropped 1.4% q-o-q, mild decline from -2.0% q-o-q in Q1 – Net absorption at -192k sq ft, improved from -900k sq ft in Q1 – Availability rate at 14.4% is expected to remain stable in 2H 2021 Highlights of Retail Market – YTD […]