The document provides an economic and real estate market overview for Asia Pacific in 2Q 2015. It summarizes that global growth remained modest due to divergent country performances, while the US economy recovered and China cut interest rates to address an economic slowdown. Office rents increased in most markets except Chengdu, while leasing activity was cautious due to economic uncertainty. Real estate transaction volumes increased in major markets like Shanghai and Sydney with lower borrowing costs. The outlook predicts continued economic growth in 2H 2015, with modest rental increases in Hong Kong and yield compression in key markets.