Although the region’s economy remains on the mend, new outbreaks and progress on vaccine rollouts are seeing an uneven recovery persist across countries and industries.
Insight
Asia Pacific Property Digest Q1 2021: Recovery remains uneven
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Highlights from the report include:
- Office: Leasing market steadying but occupiers still closely watching costs
- Retail: Slow path to recovery continues
- Residential: Buyer demand for new and quality projects drives price growth
- Logistics & Industrial: Market conditions remain positive
- Hotels: Staycation demand still propping up many markets amid of inbound tourism