APAC's commercial property market is splitting into two distinct tiers, and the divide is widening faster than most building owners have had time to respond to. Grade A office towers are pulling ahead on rent, occupancy, and tenant quality. A large and economically important stock of Grade B and older commercial assets is being left to contend with rising vacancies, shrinking tenant options, and sustainability obligations they are not yet equipped to meet. The temptation is to treat this as an inevitable consequence of market forces. It is not. The gap between Grade A and Grade B did not begin...
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