Q2 2019: Asia Pacific Commercial Property Monitor 06 May 2019
Sentiment continues to signal soft landing despite heightened uncertainty
- Respondents highlighting economic uncertainty as a catalyst for more cautious outlook, but still broadly see an expansion in rents and capital values over the next twelve months.
- Trade concerns weigh on markets in East Asia, though some Southeast Asian markets such as Vietnam seen as beneficiaries.
Data from the Asia Pacific Commercial Property Monitor suggests that several regional markets are entering a period of slower growth. The pickup...
Sentiment continues to signal soft landing despite heightened uncertainty
- Respondents highlighting economic uncertainty as a catalyst for more cautious outlook, but still broadly see an expansion in rents and capital values over the next twelve months.
- Trade concerns weigh on markets in East Asia, though some Southeast Asian markets such as Vietnam seen as beneficiaries.
Data from the Asia Pacific Commercial Property Monitor suggests that several regional markets are entering a period of slower growth. The pickup in momentum experienced during Q1 appears to have been short-lived, as sentiment is generally subdued in Q2 amid mounting downside economic risks. However, markets continue to be positioned for a soft landing, as rents and capital values are still expected to increase over the coming year (Chart 2).
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