Asia Pacific Retail Market Dynamics Q1 2026

Asia Pacific retail steadying the course amid global headwinds

Authors

Lee Fong

Prerit Mahalwar

Highlights from the report include:

Leasing activity is led by F&B, with lifestyle and experiential concepts remaining prominent drivers, supported by tourism flows and steady domestic consumption across most markets
Rents are showing modest growth overall, driven by continued tenant interest in prime assets, though Greater China’s ongoing declines, while narrowing, continue to weigh on the regional average
Investment activity held steady in Q1 2026, with Australian institutional and private capital leading regional volumes, and Singapore’s private buyer momentum gaining further traction