JLL Hotels - Round Table Lunch Presentation (Aug-24)

Offices I Vacancy across APAC shifts dynamically Asia Pacific Office Vacancy Rates, 2019-2024

40%

36%

35%

30%

26%

24%

25%

20%

20%

17%

16% 16%

13%

15%

12%

9% 8%

10%

8%

7%

4% 4%

5%

2%

0%

Q4 2019 Q2 2024

Source: JLL Research, Q2 2024 Note: Vacancy is for the main submarket

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