Staff Reporter
,
Singapore
Here's what led this fall.
According to Colliers International, the average occupancy rate of Premium and Grade A offices in the CBD eased 1.7 percentage points to 93.5% in 3Q 2013, down from a four-and-a-half year high of 95.2% in 2Q 2013.
The fall was led by a 6.5-percentage point drop in occupancy rates in the Premium Grade office space in the Raffles Place/New Downtown micro-market to 87.0% in 3Q 2013 due to the completion of Asia Square Tower 2 (733,000 sq ft) at Marina View.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!