Asia Pacific regional banks have absorbed over 1.3 million square feet (msf) of o ce space in cities within the region over the last year through the first half of 2016, while at the same time, global banks have shed nearly 1.0 msf in those same said financial centers. ABSORPTION TREND
The banks of the future will develop distinctive advisory platforms that will allow them to deepen customer relationships and will require more strategically located branches to support this new service focus.
Given the increased ubiquity of mobile Internet, and a sluggish revenue and profitability environment, banks are expected to continually adjust their business models. The ripple eects could be enormous, considering not just the employees but also the impact on commercial real estate.
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