12 month rental growth of office property worldwide Q2 2021, by region
Under the effects of the coronavirus (COVID-19) pandemic, the office real estate rental market saw rental growth slow down and turn negative. In the APAC region, annual rents decreased by 3.7 percent year-on-year between the second quarter of 2020 and the second quarter of 2021. On a global scale, office markets saw a decline but proved to be more resilient than the retail sector.