CCT AGM 2pm at The Star Gallery - Bouna Vista
This year $20 voucher was given instead of buffet ^_^
Disclaimer: all info in this post is base on my written notes and memory, it may be inaccurate. Please do you own due diligence.
Office rents had peaked in 2Q15 and has since been in a down thread. The down trend is likely to continue as massive amount of office supply would be released in 2016, however pass the road bum.. 2017-2020 supplies would be less worrying.
If we take a long term view, office demand is about 1mil square feet per year and in the coming 4 years the average supply would be around 1.1 mil square feet... so its only a bit extra, not that scary as what most people's imagined.
Current tenant rents are still below current market rates, upon renewal we are likely to see ......