1、Asia Pacific 2023Confronting challenges,selective opportunities Asia Pacific 2023/Confronting challenges,selective opportunitiesContentsKey takeaways 3Economy 5Capital Markets 8ESG 11Office 14Logistics&Industrial 17Retail 19Hotels 21Conclusion 23Asia Pacific 2023/Confronting challenges,selective opp

2、ortunities3JLLKey takeawaysAsia Pacific brightness amid the gloom?Macro headwinds cast a shadow on the outlook for the global economy that will slow,but not halt growth in this region.This will test the resiliency of real estate markets as decision-making is likely to slow.However,this situation wil

3、l create opportunities for market participants to position themselves for a likely recovery in the second half of 2023.Are companies willing to pay more to rent green space?Accelerating commitments to net zero will see corporates being more selective about their real estate solutions.Our analysis hi

4、ghlights this polarisation with green-certified buildings across 11 major Asian cities commanding a rental premium of up to 28%.Is the office dead?Up to 77%of corporate real estate leaders surveyed in Asia Pacific agree that the office will remain central to their organisations long-term business st

5、rategy and the spotlight is on premium buildings to meet their evolving requirements.Is the strong run over for logistics&industrial?The story for logistics&industrial remains one of growth underpinned by structural tailwinds.The investible universe is projected to expand by USD 36 billion in 2023,a

6、s nearly 26 million sqm of supply comes on stream to meet growing demand.Will there be a continued pivot in retail to experience?A refocus of consumer priorities in the post-pandemic world will see the retail landscape continue to evolve.A bigger emphasis will be placed on elevating the experience t