Colliers: Central office market recovery outpaces the broader market, recording over 500,000 sq ft of net absorption in the first eight months
Zhito Finance APP has learned that Colliers published a research report titled "Reshaping Central: Why the Office Market Is Returning to the Core Business District," pointing out that the recovery pace of the Central office market is clearly ahead of the overall market, mainly benefiting from the rebound in the capital market, the expansion of the financial services industry, and the continued increase in demand for high-quality office space. The report noted that Central regained growth momentum in 2024, with total net absorption of approximately 612,000 square feet between 2024 and 2025, while the first eight months of this year recorded more than 500,000 square feet of new absorption.
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