Asia-Pacific prime office rents remain resilient in Q2 despite rising inflation
Knight Frank has released its Asia-Pacific Prime Office Rental Index for Q2 2022. The index is up 1.0% quarter-on-quarter (QoQ), after rising by 0.8% in the prior quarter, indicating that economic recovery has sustained for three consecutive quarters, despite inflation rising to unprecedented levels and aggressive rate hikes by the Feds to curb it. The overall index is up 2.0% year-on-year.