Asia Pacific Retail Market Dynamics Q2 2026

Global headwinds test retail resilience

Authors

Lee Fong

Prerit Mahalwar

Highlights from the report include:

Leasing momentum holds up but remains uneven—shaped by economic uncertainty, selective consumer spending, and shifting preferences for convenience, experience, and value.
Modest regional rent growth continues, underpinned by strength in prime, well-located assets—but Greater China’s softness persists.
Investment volumes surge to over USD 10 billion in Q2—more than double last year—with Singapore’s landmark transaction anchoring a broadening regional participation led by REITs and private platforms.