foreseeable future. Singapore The recent uncertainty in global financial markets art gallery hong konghas had no discernible impact on Singapore demand for office space. Demand for quality office facilities remains broad-based, though the financial art gallery hong kongand insurance sectors were predominant among those with larger space requirements. With rents at record levels, there is increasing tenant resistance to rental hikes, and occupiers are more prepared to explore lower cost art gallery hong konglocations and consider relocating to business parks or high-tech space. Several sizeable pre-commitments by companies in the banking and insurance sectors are expected during the final quarter of 2007. Hong Kong Strong art gallery hong kongexpansionary demand and insufficient supply combined to keep vacancy rates of prime Central buildings at historic lows while pushing core Central office rents to new highs. Hong Kong’s economic outlook is positive, and its close economic ties with China should underpin further expansion by banking and financial institutions. In the present situation, MNCs have little choice but to decentralize art gallery hong kongand/or split their operations to meet cost requirements and space demands, thus providing an extremely strong pre-commitment response to new prime office buildings nearing completion. Sydney CBD Leasing activity remained strong in the first half of 2007 in the Sydney CBD office market, with net absorption reaching 87,200 square meters. Solid positive net absorption is forecast to continue during the second half of 2007. Many tenants have taken advantage of leasing art gallery hong kongincentives still on offer, expanding from locations already within the CBD. Market rent growth has picked up significantly, driven by the strong demand and falling vacancy rate. Prime net face rent growth for the year to September 2007 was 11%. 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