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Telework boom weighs on Asia's fast-growing office market

from Nikkei Asian Review

Telework boom weighs on Asia's fast-growing office market Nikkei Asian Review From Hong Kong to Tokyo, Shanghai to Singapore, a total of 27.7 million square meters of office space has been built over the past five years in Asia, with another 16.8 million square meters to be completed in the next three years, according to property consultancy Jones Lang LaSalle. But that was before the pandemic. Now, with companies aggressively cutting costs, many are rethinking the value of a conventional office. READ MORE

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