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First-quarter commercial property and construction monitors point to an easing in regional headwinds, the least pessimistic outturns since the start of 2023, says RICS. Australia and New Zealand remain the most affected. In other news, RICS has recently updated its requirements for Direct Entry to MRICS, now known as the Recognition of Professional Qualification (RPQ) pathway.
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Mixed sentiment across APAC as material cost pressures emerge The Q1 2026 RICS Global Commercial Property & Construction Monitors for APAC point to a further easing in the regional headwinds that have weighed on activity over recent quarters. While headline metrics remain in negative territory, the latest readings represent the least pessimistic outturns since the start of 2023. Anecdotal feedback nevertheless highlights the ongoing Iran war as a dominant overlay on global sentiment, although its translation into local market conditions has so far been uneven across APAC, with Australia and New Zealand visibly more affected than the rest of the region.