ASEAN region economic growth is expected to continue to increase demand for office space, with domestic occupiers leading the push for prime space, according to research by Knight Frank Asia-Pacific.
The property consultancy's Prime Office Index rose for the 12th successive quarter, increasing 1.7% in the January-March period of 2013 and 5.6% over the last 12 months. Fifteen of the 19 prime office markets tracked saw prime rents increase in the Q1, 2013.
About Knight Frank
Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.
Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.
Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.
Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.
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