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office-space

WFH forever? Why not, say more and more employers and employees
Regulations 4 years ago

PREMIUM
WFH forever? Why not, say more and more employers and employees

Work from home (WFH) has grown into more than a tool to curb the pandemic. It has defined a new standard for Indonesian business operations, paving the way for long-term, even permanent, remote work.
Jakarta’s CBD office occupancy at lowest in five years
Business 4 years ago

PREMIUM
Jakarta’s CBD office occupancy at lowest in five years

COVID-19 has further pushed the office occupancy rate in Jakarta's central business district (CBD) to 79.2 percent in the second quarter this year, the lowest in five years, according to Colliers.
The end of offices? New York's business districts face uncertain future
Business 5 years ago

The end of offices? New York's business districts face uncertain future

Boarded-up stores, shuttered restaurants and empty office towers: Covid-19 has turned New York's famous business districts into ghost towns, with companies scrambling to come up with ways to entice workers to return post-pandemic. 
Additional stimulus needed to boost property industry: Association
Business 5 years ago

Additional stimulus needed to boost property industry: Association

A combination of soaring unemployment and plummeting purchasing power has greatly affected the housing market, according to Bank Indonesia’s quarterly Residential Property Prices Index (IHPR) survey.
Safe bet? Sovereign funds rethink once-reliable real estate
Business 5 years ago

Safe bet? Sovereign funds rethink once-reliable real estate

Sovereign funds have been more bearish on property than public pension funds, another big investor in the sector, Global SWF found.
Office space occupancy to drop further in 2021: Colliers
Business 5 years ago

Office space occupancy to drop further in 2021: Colliers

Office occupancy rates in Indonesia’s major cities are expected to plunge further next year as supply increases at a time when demand remains weak amid the coronavirus pandemic.
WeWork says back on track to profits: Financial Times
Business 5 years ago

WeWork says back on track to profits: Financial Times

The SoftBank-backed company was once hailed as a dazzling unicorn valued at US$47 billion, before hemorrhaging cash and cancelling its share offering in 2019, with founder Adam Neumann pushed out.
Jakarta office market resilient during new normal
Business 5 years ago

Jakarta office market resilient during new normal

The office market in Jakarta has remained resilient due to the flexibility of landlords and tenants during the health crisis, despite the growing trend of working from home, property consulting firm Knight Frank has stated.
Demand for office space expected to bounce back after pandemic: JLL
Business 5 years ago

Demand for office space expected to bounce back after pandemic: JLL

The current health crisis might even lead to expansions in office space, as companies try to accommodate needs for physical distancing among their employees in the post-pandemic era, the firm stated.
Property market to remain sluggish despite incentives
Business 6 years ago

PREMIUM
Property market to remain sluggish despite incentives

The growth of property market is expected to still be below 10 percent.
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