F&B silver lining in dampened retail leasing market

Leasing sentiment as of 1Q24 is hovering above 40%

Retail leasing sentiment has dropped in Singapore, data from CBRE showed.

In its Asia Pacific Retail leasing report, CBRE said retail leasing sentiment in Singapore as of 1Q24 is hovering above 40%, lower than the almost 60% recorded in December 2023.

Amongst retail trades, Singapore is seeing the highest demand from F&B.

CBRE said the global shift in consumer spending towards eating out and experiences has driven F&B retailers to expand into other markets, including Singapore.

Follow the link for more news on

CBRE

Chart of the Day

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia