Enduring momentum amid evolving retail fundamentals
- F&B and fashion remain the primary drivers of retail leasing across the region, with personal care a notable—though more selective—contributor to demand.
- Rents still show divergent trends, with most markets experiencing flat to modest growth. However, Greater China remains an outlier, facing sustained rental pressure.
- APAC retail investment market experiences substantial surge in Q4 2025, led by strong Australian unlisted fund and private company activity.