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Colliers Quarterly Property Market Report H1 2022 Surabaya Office

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More smaller space inquiries, but overall performance has yet to lift

The Work from Home (WFH) strategy has resulted in more flexibility in working habits, both in terms of location and working hours. This has led to efficiency measures, with companies adjusting working arrangements for employees and maximizing the usage of space. Landlords need to anticipate such efficiency trends leading to fewer space inquiries, especially from new businesses beginning to explore opportunities in Surabaya, or from existing tenants requiring agile spaces as alternatives to paying higher occupancy costs and longer lease periods for larger spaces.

The current circumstances are more favourable to tenants, and landlords should continue to adopt flexibility in terms of rental negotiations and lease-term periods to attract more tenants.


Colliers Quarterly Property Market Report H1 2022 Surabaya Office

Unduh Laporan
Ahli Terkait

Ferry Salanto

Senior Associate Director

Research

As Head Research Department, Ferry is in charge in providing property market knowledge for internal purposes and for clients. The scope of sectors covered in the quarterly market report comprises office, apartment, retail, hotel and industrial estate.

In regional tasks, the Heads of Research of each country work together in providing regional market reports covering the Asia Pacific region and globally. Currently Research Department is not only operating as a cost-centre department, as he and his team have been assigned by the Central Bank to provide monthly market information.

On the consulting front, the task involves providing a wide range of advisory services to our clients. Working closely with Consulting Department, we help clientsby preparing feasibility studies to determine whether their property projectsare viable from both financial or marketing aspects. 

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Bagus Adikusumo

Senior Director

Office Services

Bagus Adikusumo is currently the Senior Director of Office Services Department. His main objective is to assist building owners exclusively to market their office buildings, whether strata or lease, to local or multi-national companies.  He manages the office property representation team, who are responsible for leasing or selling office space for building owners in a timely manner.

At the same time, Bagus also manages office tenant representation team in order to assist corporate clients with their commercial real estate requirements.

Bagus has handled a variety of corporate accounts and received many recommendation letters from his corporate clients who are very satisfied with his professionalism. He has been in the real estate business since 1996 and consequently has been involved in many real estate transactions in other sectors besides commercial services. Additionally, he has worked on investment transactions involving land, and residential or mixed-use developments.

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