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Commercial

Great Bay Area Office Market 2024

"The Greater Bay Area (GBA) economy expanded by 5.1% YoY in 2024, outperforming the national average by 0.1 ppts despite facing persistent external headwinds and weak domestic demand. Growth momentum moderated by 1.1 ppts from 2023 , but was supported by the rapid emergence of high-quality productive forces. In response, local governments across mainland GBA cities intensified efforts to foster strategic industries such as artificial intelligence (AI), the low -altitude economy, and biopharmaceuticals."

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Publication

Office & Business Space

Tokyo Office Leasing Q1/2025

"The Tokyo office market has continued improving, and looks to welcome the large supply in 2025 favourably. While most of the market is performing very well, there are still a handful of offices, many of which have poor accessibility and are aged, that are struggling under the current climate. While these characteristics cannot be changed, strategic asset management should come under increasing scrutiny."

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