---
title: "CBRE: Programming Asia Pacific tech cities as global tech hubs"
description: The rapid growth of technology companies continues to drive office demand in the Asia-Pacific region and stimulates the development of the most advanced headquarters building in the region.
image: https://blog.redribbon.co/hubfs/Imported_Blog_Media/CBREprogrammingasiapacifictechcitiesfi-1-1.png
---

 1

# Reports

![](https://blog.redribbon.co/hubfs/Imported_Blog_Media/CBREprogrammingasiapacifictechcitiesfi-1-1.png)

## CBRE: Programming Asia Pacific tech cities as global tech hubs

[![Avatar](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=34&height=34&name=Suchit%20Punnose.jpg) Suchit Punnose ](https://blog.redribbon.co/en/reports-lists/author/suchit-punnose) ** Apr 1, 2019 12:00:00 AM

** [Real Estate](https://blog.redribbon.co/en/reports-lists/tag/real-estate) ** [Economy](https://blog.redribbon.co/en/reports-lists/tag/economy) ** [Investing](https://blog.redribbon.co/en/reports-lists/tag/investing)

 Rapid growth by tech companies continues to fuel office demand in Asia Pacific and spur the development of state-of-the-art headquarters buildings across the region. Tech firms accounted for 23% of total leasing activity in 2018 and have constructed over 8 million sq. ft of new headquarters space over the past two years.

This trend is also driving the formation of designated areas for the tech sector in many markets. Authorities are seeking to form agglomerations of tech companies as they strive to establish their city as the next Silicon Valley, which remains the world’s leading tech hub.

This report by CBRE identifies Asia Pacific’s leading tech cities by assessing 15 markets according to their business conditions, innovation environment, and cost and availability.

![Suchit Punnose](https://blog.redribbon.co/hs-fs/hubfs/Suchit%20Punnose.jpg?width=150&height=150&name=Suchit%20Punnose.jpg)

[Suchit Punnose](https://blog.redribbon.co/en/reports-lists/author/suchit-punnose)  / About Author

[![](https://blog.redribbon.co/hs-fs/hubfs/Knight-Frank-The-Wealth-Report-2019.png?width=150&height=150&name=Knight-Frank-The-Wealth-Report-2019.png) Previous Article Knight Frank Wealth Report 2019 ](https://blog.redribbon.co/en/reports-lists/knight-frank-wealth-report-2019)

[![](https://blog.redribbon.co/hs-fs/hubfs/Imported_Blog_Media/CBREcancoworingsavemoneyreportfi-1-1.png?width=150&height=150&name=CBREcancoworingsavemoneyreportfi-1-1.png) Next Article CBRE: Can coworking save you money? ](https://blog.redribbon.co/en/reports-lists/cbre-can-coworking-save-you-money)

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