Asia Pacific Market Sentiment Survey - April 2021 (CBRE) 29 April 2021
- Tenant enquiries and site inspections continued to rise but momentum slowed compared to the previous two months.
- Flexible space demand remains steady, with most respondents stating that they had not detected any major change.
- Respondents reported stronger downward pressure on rents, while incentives are expected to increase in most major markets.
- After staying positive for two months, leasing sentiment deteriorated slightly, falling back into negative territory. Landlord strength also weakened.
