Asia Pacific Retail Q4 2022
Dampeners to sentiment remain even as healthy leasing activity persists
Highlights from the report include:
Against the backdrop of the resilient performance of the retail sector in markets around the region, the aggregate Asia Pacific Retail Rental Index reverses twelve straight quarters of decline, registering a marginal increase during the quarter.
Domestic consumer sentiment and spending within Asia Pacific is still expected to remain relatively resilient, given sustained tailwinds from the region’s economic reopening and continued relaxations in cross-border travel restrictions.