Asia Pacific Market Sentiment Survey - April 2021 (CBRE) - Asia Pacific Real Assets Association

Tenant enquiries and site inspections continued to rise but momentum slowed compared to the previous two months.
Flexible space demand remains steady, with most respondents stating that they had not detected any major change.
Respondents reported stronger downward pressure on rents, while incentives are expected to increase in most major markets.
After staying positive for two months, leasing sentiment deteriorated slightly, falling back into negative territory. Landlord strength also weakened.

Asia Pacific Market Sentiment Survey – April 2021 (CBRE)