Rethinking the Office Sector in Asia Pacific

Below, we provide a guide to the need for asset optimisation across 10 key cities in the region. It is important to note that these are relative assessments across the cities and do not account for local requirements - for example, sustainability standards in Singapore are amongst the highest in the region, but further effort will be required by asset owners to meet increasingly tougher legislation. IT’S CLEAR THAT THERE IS NO SINGLE “ONE SIZE FITS ALL” APPROACH TO OFFICE OPTIMISATION ACROSS THE REGION. NOT ONLY IS THERE VARIATION IN MARKET DYNAMICS, DRIVERS AND LEGISLATIVE STANDARDS, BUT ALSO CLEARLY THE QUALITY OF ASSET IN PLAY WILL HAVE A SIGNIFICANT BEARING ON THE REQUIRED APPROACH AND TARGETED OUTCOME.

An asset should be assessed on its credentials and therefore we advance the asset lifecycle optimisation plan.

OFFICE OPTIMISATION REQUIREMENTS

ASSET LIFECYCLE OPTIMISATION PLAN

GRADE A STOCK (AND ABOVE)

OFFICE EMPLOYMENT GROWTH 2022-2030

PROPORTION OF PRIME STOCK

SUSTAINABILITY RATING

MEDIAN AGE INSTITUTIONAL OWNERSHIP

X Current Rating X Target Rating X Accreditation

X Mark to Market X Valuation X Disposal

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BEIJING

BENGALURU

HONG KONG

GROW Value Proposition

GREEN Sustainability

MELBOURNE

MUMBAI

DELHI NCR

SHANGHAI

SINGAPORE

SYDNEY

GOVERN Asset Management

GRADE Capital Works

TOKYO

X Technical Due Diligence X Capital Works Plan X Compliance

X Preventative Maintenance X Regulatory Environment X Tenant Mix

LOWER RISK / LESSER NEED

HIGHER RISK / GREATER NEED

READY TO RETHINK YOUR ASSETS? CONTACT OUR RETHINKING TEAM NOW

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RETHINKING THE OFFICE SECTOR | OPTIMISING YOUR ASSET FOR A NEW ERA | ASIA PACIFIC 30