Asia Pacific Market Sentiment Survey – July 2021

01 July 2021
Asia-Pacific-Leasing-Market-Sentiment-Survey
  • Tenant enquiries and site inspections fell further, especially in Singapore, Southeast Asia and India, but continued to recover in Mainland China and Hong Kong SAR.

 

  • Flexible space demand remained consistent with levels observed in recent months. Demand for traditional office space continued to recover.

 

  • Respondents reported stronger downward pressure on rents, particularly in Japan. The period saw less pressure to increase incentives.

 

  • Sentiment in most markets improved or remained stable. Australia and Japan saw weaker sentiment due to a resurgence of COVID-19 cases.

Read the full report here.