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Property 23 Jul 2016 | 12:00 AM

Excess office space raises concern

IN the wake of declining crude oil prices and cautious sentiment among the oil & gas (O&G) and financial players, the vast upcoming supply of office developments over the next three years has become a concern.

Property 12 Oct 2017 | 12:00 AM

Tech changing office space trend as price down

Landlords are seeing a flight to quality as multinational companies (MNCs) and local corporations take advantage of the availability of better grade office space at competitive rates and attractive tenancy terms, said Knight Frank Malaysia executive director (corporate services) Teh Young Khean.

Property 28 Nov 2018 | 12:00 AM

Office market in KL and Selangor remains soft

PETALING JAYA: The Kuala Lumpur and Selangor office market remained subdued in the third quarter of 2018, as rental growth prospects continued to be challenging. Knight Frank Malaysia said rental growth is still slow amidst rising trade tensions.

Business 22 Jan 2016 | 12:00 AM

S’pore office landlords have that empty feeling

Singapore’s office landlords are among the world’s most luckless right now, and they have builders to blame. The market already has an empty feel to it, and as developers add more space in a slowing economy, property owners’ misery could keep compounding.

Business 20 May 2013 | 8:54 AM

Professionals warn there is too much of office space in the Klang Valley

PETALING JAYA: Several property professionals polled are sounding warning bells about the high volume of prime office space in the Klang Valley and its coming supply in the next couple of years.

Property 29 Nov 2014 | 12:00 AM

No fear of office space glut at the moment

DESPITE a huge supply of office space coming into the Klang Valley over the next three years, the situation is controllable and not expected to result in a glut.

Property 12 Sep 2018 | 12:00 AM

Pressure on office occupancy and rental in the Klang Valley

PETALING JAYA: The vast incoming supply of office space in the Klang Valley, amid the tight leasing market, is expected to increase pressure on occupancy and rental levels.

Property 17 Jul 2017 | 12:00 AM

KL office market glut to last three more years

PETALING JAYA: The current supply glut in the Klang Valley office market is expected to stretch for at least three more years.

Business 18 May 2017 | 12:00 AM

London office vacancies surge as company moves leave holes

LONDON: Modern office buildings are all the rage in central London, with a swath of companies including UBS Group AG moving into new premises in the last 12 months. The problem for landlords is finding someone to replace them.

Business 03 May 2013 | 11:11 AM

OfficeMax investor sues to block merger with Office Depot

NEW YORK: A shareholder in OfficeMax Inc sued the directors of the company on Thursday, seeking to block its acquisition by larger rival Office Depot Inc , calling the proposed $1.2 billion all-stock deal "grossly inadequate".