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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.

Shanghai’s office market should see softer demand from subdued economic growth. In 2019, 1.98 million sq m of new supply is planned to be completed in the DBD.

The Indian residential market derives its significance from a large population base and huge unmet housing needs across various urban centres. The urban housing shortage has been estimated at 10 million units by the National Housing Bank. Translation of housing need to demand depends on the following factors: