Asia Pacific Office Digest 2Q 2022

Investors exercise caution in the face of evolving monetary policy

August 25, 2022

Highlights from the report include:

  • Leasing activity was mixed but despite headwinds, sentiment remains broadly buoyant compared to a year ago, and volumes were up 17% y-o-y in the quarter.

  • A flight to quality provided support to Grade A office rents in many markets, which trended up for the second consecutive quarter.

  • The policy rate environment continues to evolve rapidly, and capital values are likely to decline marginally in 2H22.

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