Asia Pacific Office Trends Q3 2022 (CBRE) 28 November 2022
Key Trends
- Slower economic growth and inflationary pressure weigh on leasing activity
- Mainland China see mild recovery but other markets flat or weaker
- Finance, tech and coworking remain major demand drivers
- Rising construction and fit-out costs cause delays to new supply
- Flight to quality relocation still most popular strategy
- Occupiers set to remain cost cautious as economic worries mount
This report was originally published in https://www.cbre.com/insights/figures/asia-pacific-office-trends-q3-2022
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