Charlie Munger, long-time investment partner of Warren Buffett and vice chair of Berkshire Hathaway, has recently warned of a brewing storm in the US commercial property market, with American banks “full of” what he said were “bad loans” as property prices fall.
Analysts say Hong Kong’s office rents and rate-able values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and corporate downsizing.
Against that backdrop, how is Singapore’s commercial real estate doing?
Bastiaan van Beijsterveldt, Managing Director & Head of Occupier Services, Singapore at Colliers International sheds light on the key findings from their newly released report on Singapore's office market in Q2 2023.
Presented by Lynlee Foo and Ryan Huang
This podcast is produced and edited by Anthea Ng (nganthea@sph.com.sg)
Do contact her for topics: C-Suite, SME, Sustainability, Property, Intergenerational Family Business, Industry Outlook, Fintech