Market Outlook

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...

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In Q1 2019, we saw net absorption pick up slightly QOQ, although it still declined 82% YOY due to a subdued economy.

During Q1 2019, market demand dropped 40% QOQ in West China. Both Chengdu and Chongqing will probably face the challenge of growing vacancy rates in 2019.