The absorption rate of office real estate in the Asia-Pacific region decreased notably since the beginning of the coronavirus pandemic. In 2020, the absorption rate fell to about 30 million square meters, down from a four-year average of 58 million square meters. Nevertheless, the sector has started recovering, with the net absorption slightly below the historical average for the equivalent period.
Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022
(in million square meters)
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Statista. (December 2, 2022). Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022 (in million square meters) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/
Statista. "Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022 (in million square meters)." Chart. December 2, 2022. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/
Statista. (2022). Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022 (in million square meters). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/
Statista. "Absorption Rate of Office Real Estate in The Asia-pacific (Apac) Region from 2016 to H1 2022 (in Million Square Meters)." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/
Statista, Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022 (in million square meters) Statista, https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/ (last visited December 26, 2024)
Absorption rate of office real estate in the Asia-Pacific (APAC) region from 2016 to H1 2022 (in million square meters) [Graph], Statista, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1091519/office-real-estate-absorption-rate-apac/
