Foreign
investors looking to expand their presence in Indonesia over the upcoming four
years will find generous office options to choose from in Jakarta, according to
a report from worldwide real estate services firm Colliers International.
Whilst total office space in Jakarta rose by just 1% during the
first half of 2014, the capital will see an accumulated 10.7million square metres
of new office space developed by 2018, up 51% from today‘s 7.1million square
metres, according to the report released last Wednesday.
The projection assumes 74 buildings currently under construction
or being planned will be completed on schedule. The increase will result in a
decrease in office occupancy to under 90% from 96% at the end of the former
half.
