Asia Pacific Leasing Market Sentiment Survey July 2021



CL_mockup_icon-07 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. CL_mockup_icon-08 Flexible space demand remained consistent with levels observed in recent months. Demand for traditional office space continued to recover.
CL_mockup_icon-07 Respondents reported stronger downward pressure on rents, particularly in Japan. The period saw less pressure to increase incentives. CL_mockup_icon-08 Sentiment in most markets improved or remained stable. Australia and Japan saw weaker sentiment due to a resurgence of COVID-19 cases.
CL_mockup_icon-07
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.
 
CL_mockup_icon-08
Flexible space demand remained consistent with levels observed in recent months. Demand for traditional office space continued to recover.
 
CL_mockup_icon-07
Respondents reported stronger downward pressure on rents, particularly in Japan. The period saw less pressure to increase incentives.
 
CL_mockup_icon-08
Sentiment in most markets improved or remained stable. Australia and Japan saw weaker sentiment due to a resurgence of COVID-19 cases.
 


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