This report looks back at the predictions CBRE made at the beginning of the year in its 2021 Asia Pacific Real Estate Market Outlook and evaluates what we got right, and what we got wrong. 

 

While CBRE’s forecast of a recovery in most occupier markets has proven correct, growth momentum has been weaker than expected. In contrast, the rebound in commercial real estate investment activity has exceeded expectations as investors deploy capital after a quiet 2020