Brief | Creating Resilience
Asia Pacific Market Sentiment Survey - September 2022
September 7, 2022
- Although tenant enquiries and site visits remained upbeat in August, momentum weakened slightly from May.
- Expansionary demand for traditional space improved at the expense of requirements for flex space, which declined. India reported robust new set up, expansion and upgrading activity.
- More than half of the respondents believe rents and incentives will stay flat, particularly in Australia, India and Japan.
- Sentiment in most markets cooled slightly but remained in positive territory. The mood in mainland China continued to improve from May’s low point. Most locations in the region continue to shift away from being tenant-favoured.