Below is a list with tagged columns and company profiles.

Today's Headlines Office Space

  • Office Space in Jakarta: Occupancy Rate Falls on New Supply

    The occupancy rate of office space in Jakarta in 2018 is estimated to reach its lowest level since 2012. The sliding figure is not caused by a decline in investment realization in Indonesia (which often involves the opening of new offices in the capital city of Jakarta) - in fact investment is rising - nor is it caused by an exodus of companies away from Jakarta (although a modest decline in demand for office space was detected). It is the opening of new large office towers what is troubling the ratio this year.

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  • Property in Indonesia: Coworking Space Becomes Increasingly Popular

    The property sector of Indonesia has been sluggish ever since the nation's property boom ended in late 2013. The same goes for the office space segment. Stagnant economic growth around 5 percent (y/y) since 2014 has led to limited growth of demand for office space in Indonesia. But for some this is a positive context. Coworking space - a shared working environment - is becoming increasingly popular.

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  • Office Space in Jakarta: Rising Demand, but Supply Rising More Swiftly

    Based on accounts of services providers in Indonesia's property market, demand for office space in Indonesia, and specifically in the capital city of Jakarta, shows good growth starting from the third quarter of 2017. Especially online businesses (for example the e-commerce industry) are showing rising appetite for office space.

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  • Property Industry Indonesia: Office Space Vacancy in Jakarta Growing

    The amount of empty office space in Jakarta's central business district (CBD) has grown as supply outpaces demand, while business activity in Indonesia has slowed amid the ongoing economic slowdown of Southeast Asia's largest economy. Since 2011 Indonesia's GDP growth has been slowing due to sluggish global growth and low commodity prices. According to information from Savills Consultants Indonesia, unit of London-listed global real estate service provider Savills Plc, the office space vacancy rate in Jakarta grew from 4.8 percent in 2014 to 8.4 percent in mid-2015.

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  • AkzoNobel Targets Indonesia as New Growth Market

    AkzoNobel, the Dutch multinational that is primarily engaged in the fields of decorative paints, performance coatings and specialty chemicals, stated that it has shifted its focus from China to Southeast Asia, particularly Indonesia and Vietnam. Ton Buchner, Chief Executive Officer of AkzoNobel, said growth in China has lost its decade-long momentum and thus AkzoNobel will reduce investment realization in China and instead focus on new growth markets in Southeast Asia.

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  • Jakarta's Infrastructure Development Makes Property Investment Lucrative

    Colliers International, a leading global commercial real estate firm, expects West and South Jakarta to become promising locations for the development of high-rise (office) buildings. Associate Director for Research at Colliers International Ferry Salanto explained that Jakarta's infrastructure development plans - in particular new road construction - are the main reason why prospects of property development have become more promising in the Kebon Jeruk (West Jakarta) and T.B. Simatupang (South Jakarta) areas.

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  • Indonesia Remains Asia's Leading Force in Office Space Development

    Growth in Jakarta's office space sector is expected to continue its upward trend. The Colliers International Asia Real Estate Forecast 2014, released by the leading global commercial real estate company, mentions a significant increase of new rental office space in the capital city of Indonesia. As such, Indonesia's office space sector (which is particularly centered in the big cities on Java such as Jakarta and Surabaya) is Asia's leader in terms of office space growth. However, this year's growth will not be as strong as in 2012 and 2013.

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  • Alam Sutera Realty: Riding on Indonesia's Booming Property Sector

    Alam Sutera Realty (ASRI) is an Indonesian real estate company that develops and manages a large-scale township which includes residential and commercial properties as well as ancillary facilities and infrastructure. The company has large real estate projects in Serpong, Cibitung, Cianjur (all on Java), Tanjung Pinang (Riau) and Sanur (Bali). In the first half of 2013, the company's profits increased by 52 percent to IDR 800 billion (USD $80.0 million) as Indonesia's property sector has been booming.

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Latest Columns Office Space

  • Office Space in Jakarta: Time for Offering Discounts & Promotion

    Having an office in the center of Jakarta is usually an ambition of foreign and local businessmen in Indonesia. An office in Jakarta's Central Business District, the heart of the capital, is a strategic location (located close to the headquarters of numerous other companies that are active in Indonesia) and it adds a certain status to your company even though you will have to battle severe traffic congestion each time you visit or leave the office (but it is fair to say that also in the other parts of Jakarta traffic is immense).

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