Asia Pacific Retail Digest 1Q 2022
Leasing recovery continues while Omicron outbreaks dampen activity in some markets
Highlights from the report include:
Despite improved leasing activity, the operating environment generally remains difficult, and the aggregate Asia Pacific Retail Rental Index recorded its tenth straight quarter of decline.
Retail recovery around the region is likely to pick up as a result of relaxations of cross-border travel restrictions, which should help boost international travel and tourism.