思想引领

2026 is shaping up as a year of steady momentum for Asia Pacific’s office markets. Across the region’s key markets, including Australia, Mainland China, Hong Kong, India, Indonesia, Japan, New Zealand, Philippines, Singapore, South Korea and Taiwan, demand and supply are largely moving in tandem, with occupiers re-engaging and competition beginning to sharpen, particularly in prime assets. As vacancy tightens in select locations, the focus is increasingly shifting to quality.

主要见解：

• 11% growth in office leasing demand across 11 APAC markets in 2025, with 90% led by India, Mainland China and Japan.
• 19% increase in office supply, with eight of 11 key markets reporting growth and 82% of it driven by India, Mainland China and Singapore.
• 21% increase in office investment activity year-on-year across nine APAC markets, led by South Korea and Japan.
• Steady demand momentum is expected in the first half of 2026, leading to potential vacancy tightening in prime assets and rental uplift in select markets.

CBRE’s 2026 Asia Pacific Investor Intentions Survey uncovered a further improvement in buying intentions across most markets in Asia Pacific this year, with over 57% of respondents indicating their preference to buy more real estate in 2026.

Net buying intentions in Korea, Australia and Singapore strengthened while those in Japan remained stable. While their intentions remained negative, investors in both mainland China and Hong Kong SAR exhibited improved net buying intentions in 2026 compared to last year.

Sector preference shifted in this year’s survey. Offices rose to become the most preferred sector for the first time in six years, with industrial & logistics and the living sector rounding out the top three. Data centres continue to climb up the list of investor preferences, placing fourth this year.

Asia Pacific’s commercial real estate market is entering a critical phase in 2026, showing strong resilience after challenges in 2025. With interest rates steady and capital markets improving, optimism is rising among investors and occupiers.

Based on our APAC Outlook 2026 and other reports, Six for 2026 spotlights the major trends influencing the region. These include changes in office supply and increased investment in AI-powered data centres, highlighting where growth and strategic opportunities are emerging.

The new office equation: Singapore’s workplace shifts for a hybrid, sustainable, multi-generational future

In Singapore and across Asia Pacific, organisations are rethinking workplace strategies and creating environments that drive performance and impact.

Our Workplace Survey of more than 800 corporate occupiers in the region, offers a unique view of how workplaces are taking shape.

Key Insights

• 48% of organisations have invested or plan to invest to drive workplace quality and employee experiences.
• 47% of organisations have hybrid models; most maintain attendance mandates and assigned seating.
• 15% are already considering, and 40% are starting to explore, the needs of five generations in the workplace by 2030.
• Sustainability is a bold ambition, with 52% collaborating with their landlord.
• 20% use AI tools to enhance employee experience; 6% use desk booking data; 3% have occupancy sensors.
  

Read the full report to explore how you can shape an adaptive, high-performing and next-generation workplace.

The Property Technology Paradoxes for 2026 report is now available.

Yardi’s latest report explores how real estate leaders across Asia Pacific are navigating the contradictions shaping technology adoption – from AI and cybersecurity to investment priorities and operational resilience.

Drawing on survey insights and perspectives from senior executives across the region, the report highlights key trends, emerging challenges and how organisations are balancing innovation with caution in a rapidly changing market.

APAC is entering a new investment cycle, and APREA’s flagship conference, the Asia Pacific Real Assets Leaders’ Congress, examined how this momentum is reshaping strategies, capital flows, and long-term priorities.

主要亮点：

• High-growth sectors such as data centres, logistics, student housing, and multifamily are becoming areas of focus, where demand is rising faster than supply and investors see real room to scale.
• Markets including India, Japan, and Singapore stood out as engines of opportunity, combining strong fundamentals with policy shifts that are unlocking new pathways for long-term capital.
• Infrastructure is becoming the next frontier, with the energy transition and digital connectivity expanding the scope of what investors consider essential, investable, and transformative.
• As sustainability becomes inseparable from value creation, capital is increasingly flowing to assets that can deliver both performance and long-term positive impact.

Recent years have seen the global automotive industry grapple with an array of challenges including supply chain disruption, the ongoing transition to and subsequent slowdown in EV sales, evolving consumer requirements; and, most recently, escalating geopolitical tension and tariffs.

Other hurdles include a need to comply with 2030 net zero and sustainability targets (for manufacturers continuing to build petrol engine cars) and regulatory requirements related to new technologies such as connected and autonomous vehicles.

Labour shortages and a widening skills gap pose further challenges, as auto firms struggle to recruit employees with new and sought-after technical skills such as those related to EV technology, software, and data analysis.

Against this backdrop, many auto firms in Asia Pacific are reorganising operations, reducing headcount, and engaging in M&A activity and strategic partnerships; a process that is inevitably reshaping their commercial real estate requirements.

在不断变化的经济环境下，探索该地区实物资产格局的动态变化。该研究指出了周期性和结构性投资机会，并强调韧性、创新和可持续增长是投资者关注的重点。.

办公室 在印度、澳大利亚和日本等市场，租金增长前景更为乐观，因此可能提供颇具吸引力的切入点。靠近便利设施和公共交通的核心地段资产越来越受欢迎，租户对中心地段和分散地段的偏好差异也日益扩大。.

工业与物流 位于制造业租户需求潜力较高地区（例如东南亚和印度）的资产预计将表现优异。韩国的干货物流将继续吸引投资者的目光。电子商务的持续发展，也推动了快速发展市场对物流空间的需求。

尽管 零售 受全球贸易不确定性影响，市场需求较为保守，预计大多数市场的租金增长将在2025年和2026年继续保持。利好因素包括澳大利亚的人口增长和利率下调；日本和韩国强劲的游客数量抵消了国内消费放缓的影响；以及印度当地零售商强劲的租赁需求。

生活领域 尽管亚太地区此类资产规模有限，但需求仍在持续增长。建议投资者继续关注日本等成熟市场，这些市场的现金回报率依然诱人，空置率也保持在较低水平。其他选择包括在澳大利亚和香港特别行政区等供应严重短缺的市场开发或收购用于建造出租公寓或学生公寓的项目。

数据中心 人工智能将继续成为亚太地区投资者的主要投资选择之一。随着人工智能需求的不断增长，预计亚太地区大多数市场的供应将无法满足需求。随着运营商寻求资产再利用，日本、澳大利亚和韩国等一线市场将持续涌现投资机会，而东南亚新兴市场仍将提供开发合作机会。.

亚太地区经历了大量投资和基础设施建设的涌入，这得益于其庞大的市场规模、不断增长的出口和快速的城市化进程。.

这一趋势引出了一个重要问题：亚太地区办公需求的三大驱动因素是什么？

该信息图重点展示了亚太地区推动办公空间需求的关键行业。在印度，IT-BPM和银行金融业占办公空间总需求的46%。在中国大陆，金融和TMT行业贡献了28.4%。在东南亚，越南、新加坡、马来西亚、印度尼西亚和菲律宾等国家对办公空间的需求强劲，主要由IT-BPM、银行金融业和科技行业驱动。.

在亚太地区，非银行贷款机构向机构和私人客户提供融资的私人信贷已成为资本市场增长最快的领域之一。在房地产行业，它为差异化投资策略、极具吸引力的风险调整后收益以及银行贷款之外的可靠选择提供了可能。.