asia pacific report

"Once a significant majority of the population is vaccinated leading to near normalcy, we expect India to remain a preferred global outsourcing destination on account of its large base of technical knowledge and cost-effective talent."

"The pandemic has led to a K-shape economic recovery, further deepening the polarisation in Tokyo’s condo market. Meanwhile, the demographic and lifestyle changes triggered by the pandemic appear to have modestly shifted resident preferences in location and size. This could lead to an emergence of niche markets which some are likely to tap into."

"Greater KL will see the completion of 13 new malls in the next three years,adding at least 8.9 million sq ft to the market – more than half of which is to be completed this year in 2021."

"With global money supply growth still signifi cantly above previous norms while real interest rates remain subdued, signifi cant yield compression is a likely outcome."

"Demand for data centers continues to grow driven by the surge in data consumption. With vacancy approaching zero for centers in the Seoul Metropolitan Area, new types of players such as institutionalinvestors, asset managers, and construction companies have taken an interest in the market."

"People eager for more outdoor space helped hotels in suburban areas to post a performance surpassing last year, while hotels in urban areas are facing severe challenges."

"Increasing e-commerce opportunities are forcing retailers to improve by combining their offline and online strategies and taking an ‘Omni-Channel’ marketing approach in order to maximise the effectiveness of both. As a result, some retailers are looking to reduce their total rental space."

"The recent emergence of branded residences in Viet Nam is supported by a move up the residential value chain as increasingly expensive properties enter the market. A strong domestic economic performance and historically low stock levels are also pushing up demand and with it, prices."