In Focus

Rental growth was at 7% in 2023.

Nearly half of redevelopments in 2024 were geared towards upgrading office specifications.

This is higher than the 4% growth in 2024.

Total investment in the region increased by 23% to $131.3 billion in 2024.

Australia, Korea, and Singapore are expected to lead investment activity.

Office demand is expected to average 75 million square feet per annum.

There was strong demand between 2017 to 2019, a supply correction occurred in 2021 and 2023.

Neither are in a position of dominance, according to analysts.

These markets recorded the highest diversity in retail leasing demand.Retail leasing sentiment has been solid over the past 12 months according to CBRE’s Asia Pacific Leasing Sentiment Survey, with over 75% of surveyed brokers reporting leasing enquiries from retailers seeking new setups, expansion and upgrading, indicating appetite for more space.

These markets have dynamic domestic retail ecosystems.

The Asia Pacific region will be a key investment driver and outperform global peers.

Real estate is expected to receive over 30% of respondents' assets under management in the next five years.

Find out which countries prove to be prime residential hotspots.

The ultra-rich are also expected to set up family offices in the city.

Private residential rents are now expected to decline by 2.5% this year.

Demand grew by 10.7% in Q3, signalling a robust office market in 2025.