Asia Pacific Leasing Market Sentiment Survey July 2021
 |
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. |
|
| 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. |
Hear From Our Experts
Get the latest perspectives and insights on real estate straight to your inbox.
Get the latest perspectives and insights on real estate straight to your inbox.
Stay Informed
Hear from Our Experts
Signup to receive the latest insight and perspective on real estate, straight to your inbox:
Research Contacts
Dr. Henry Chin
Global Head of Investor Thought Leadership
& Head of Research, APAC
Research
Ada Choi, CFA
Head of Occupier Research, APAC
& Head of Data Intelligence and Management, APAC
Cynthia Chan
Director
Asia Pacific
Research
Felix Lee
Senior Analyst
Asia Pacific
Research
Business Line Contacts
Manish Kashyap
Regional MD, Head of Advisory & Transaction Services, Asia Pacific
Global Head of Advisory & Transaction Services – Agile
Advisory & Transaction Services
Paul Hubbard-Brown
Managing Director
Asia Pacific
Advisory & Transaction Services
Rohini Saluja
Managing Director
Asia Pacific
Advisory & Transaction Services
Emily Gray
Senior Director
Asia Pacific
Advisory & Transaction Services