• Tenant enquiries were unchanged but site visits fell following the reintroduction of COVID-19 controls, particularly in Australia, Southeast Asia, and Japan.

 

  • Flexible space demand turned less positive. The requirements for traditional office space increased.  

 

  • Rents improved this month, mainly driven by mainland China, Singapore and India. The period saw stronger pressure to increase incentives, particularly in mainland China and India.

 

  • Sentiment in most markets strengthened or remained stable, with mainland China and India among the strongest performers.