The Office Index: Q1 2021

Leasing market steadying but occupiers still closely watching costs

May 19, 2021

Highlights from the report include:

  •  Asia Pacific leasing demand was relatively weak and quarterly volumes were down 26% y-o-y
  • Weakness in the leasing markets coupled with cost-control oriented decision making weighed on rental growth
  • Resilient investor sentiment shores up capital values

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