Growth is returning to the office sector, according to DBS Research. On Dec 15, the brokerage made a bold forecast: “In 2018, after years of downturn, the office sector is projected to deliver 12% y-o-y growth in rents, as take-up rates for new buildings have been robust while new supply entering the market over 2018 to 2020 (600,000 sq ft per year) remains supportive of higher rents.”
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