Market rebalancing
Insight
18 May 2026
Asia Pacific Industrial Market Dynamics Q1 2026
Categories:
Highlights from the report include:
- While net absorption slowed on a q-o-q basis in Q1 2026, majority occurred in Tier-1 cities, with notable improvements in Beijing, Shanghai, Tokyo, and Sydney
- Vacancy continued to decline this quarter, driven by a fall in completions, signalling market recovery from high vacancy environment despite weaker net absorption
- Rental growth was observed in select Tier-1 markets including Seoul, Singapore, Tokyo, Sydney, and Melbourne