office occupancy
office occupancy
The use of a building for the transaction of business or for similar purposes.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive
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Office occupancy rates in Dubai and Abu Dhabi remained stable at 80 per cent in 2018.
The long-term lease, for the building's last available full floors, brings the office occupancy in the building to 98 percent.
Commercial office occupancy in Dubai was estimated at 84 per cent.
The nation's capital marked the highest negative take up of -38,632 square metres while the other 13 states registered 80 per cent occupancy rate with Perlis registering the highest at 100 per cent office occupancy rate.
Planned improvements include window repair and replacement, entry improvements, utility improvements and preparation for conversion to office occupancy, as well as updates to surface parking areas.
But Downtown Partnership's report also found that the office occupancy rate downtown dropped to 83.1 percent.
With a high office occupancy rate of 95 percent according to Colliers International, Ortigas-based offices remain in demand especially to those looking to base their operations in the area.
With a high office occupancy rate of 95% according to Colliers International, Ortigas-based offices remain in-demand especially to those looking to base their operations in the area.
The Nashua submarket's office occupancy experienced the biggest gain, over 2 percent, with a few buildings reaching full occupancy.
Craig Plumb, head of research, JLL MENA, said: "These new government announcements should help improve market sentiment and have the potential to directly increase investment and office occupancy across the emirate.
Flexible space operators already account for 2.5% of overall Manhattan office occupancy; it is the fastest-growing market segment.
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