Occupiers’ market in Singapore for Q1 2009

Property-report.com, 2 Jun 2009, Khalil Adis
It´s an occupiers´ market in Singapore´s office sector – at least for the first quarter of 2009 - with occupancy costs continuing their downward trend since coming off their peaks in the third quarter of 2008.
According to DTZ, Singapore´s office market experienced the steepest quarterly fall in occupancy costs since the fourth quarter in 2001 as companies continued to focus on space consolidation and held back expansion plans.
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