According to a survey conducted among real estate leasing market professionals in the Asia-Pacific region in 2021, 48 percent of the inquiries received in November 2021 were indicating an appetite for more space, which was a significant increase from May of that year when it was at 24 percent.
Leading leasing demands in the Asia-Pacific region in 2021, by type
leasing market professionals in office, industrial, and retail sectors
Supplementary notes
Original question: What was the nature of the five largest inquiries you received over the last month?
Appetite for more space includes new set-up, expansion, and upgrading.
Neutral includes relocation, consolidation (added in November 2021), renewal, renewal vs relocation analysis, and lease restructure.
Appetite for less space includes downsizing and sublease.
90% of respondents were from Japan, India, China, Australia, Hong Kong, Singapore, and South Korea.
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CBRE Group. (December 14, 2021). Leading leasing demands in the Asia-Pacific region in 2021, by type [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/
CBRE Group. "Leading leasing demands in the Asia-Pacific region in 2021, by type." Chart. December 14, 2021. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/
CBRE Group. (2021). Leading leasing demands in the Asia-Pacific region in 2021, by type. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/
CBRE Group. "Leading Leasing Demands in The Asia-pacific Region in 2021, by Type." Statista, Statista Inc., 14 Dec 2021, https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/
CBRE Group, Leading leasing demands in the Asia-Pacific region in 2021, by type Statista, https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/ (last visited September 19, 2024)
Leading leasing demands in the Asia-Pacific region in 2021, by type [Graph], CBRE Group, December 14, 2021. [Online]. Available: https://www.statista.com/statistics/1287382/apac-top-leasing-demands-by-type/