Research
Asia Pacific Retail Market Dynamics Q3 2024
Prime locations maintaining appeal despite economic headwinds
November 19, 2024
Highlights from the report include:
Demand in major APAC markets remains resilient, with visitor spending still a key driver of retail activity in many areas.
Fashion brands, lifestyle, and affordable F&B concepts drive leasing activity, with international retailers maintaining strong interest in prime retail areas frequented by tourists.
Prime shopping centre rents increased for the sixth consecutive quarter, with more markets recording growth, underscoring the sector's adaptability to changing economic conditions.
