The office-leasing market in Asia should remain healthy in 2015. Although it is likely that we will see an interest-rate hike in the United States during the year, we are still in a low-cost environment for borrowing in terms of historical averages. Multinationals are also benefitting from the decline in energy costs that took place in mid-2014. These two factors are helping to reduce the cost structures of many companies and allowing them to maintain or improve profit margins. This improvement in profitability is a welcome sign, as top-line growth expectations are expected to be only mildly positive.
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Establishing and broaden footprints in Asia
Growth in private consumption
Increase of traffic in logistic industry
Increased spending power
Local and International retailers
MNCs looking at decentralised locations for expansion
Office-leasing market in Asia
Rapid urbanisation
Relocation to non-core submarkets
Retail Real Estate
The emergence of the middle class