Leading leasing demands APAC 2021, by type

Published by S. Ganbold, Feb 4, 2022
According to a survey conducted among real estate leasing market professionals in the Asia-Pacific region in 2021, 48 percent of the inquiries received in November 2021 were indicating an appetite for more space, which was a significant increase from May of that year when it was at 24 percent.

Leading leasing demands in the Asia-Pacific region in 2021, by type

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Release date

December 2021

Region

Asia, APAC

Survey time period

May to December 2021

Number of respondents

125 respondents

Special properties

leasing market professionals in office, industrial, and retail sectors

Supplementary notes

Original question: What was the nature of the five largest inquiries you received over the last month?

Appetite for more space includes new set-up, expansion, and upgrading.
Neutral includes relocation, consolidation (added in November 2021), renewal, renewal vs relocation analysis, and lease restructure.
Appetite for less space includes downsizing and sublease.

90% of respondents were from Japan, India, China, Australia, Hong Kong, Singapore, and South Korea.

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