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Asia Pacific Market Snapshot | Q2 2021

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Key markets across APAC showed sustained recovery, led by strong demand for commercial assets from investors and occupiers.

Across Asia Pacific, the ongoing recovery in key property markets continued in the second quarter (Q2) of 2021 and looks set to sustain through the second half, led by the office and industrial sectors.

Regional trends and report highlights for Asia Pacific:

  • Australia and New Zealand continued to see market revival, amidst renewed leasing demand for CBD space in Sydney and Brisbane, and growing demand for industrial and large retail assets in Auckland.

  • Investment activity picked up in Hong Kong, with investment transaction volumes leaping 175% year-on-year (YoY) to US$4.33 billion.

  • Low interest rates and liquidity boosted demand for office assets in Korea, with a strong preference for core assets in Seoul's Gangnam Business District (GBD).

  • Total investment sales in Singapore grew 86.3% quarter-on-quarter (QoQ) to US$5.2 billion led by the office, industrial and residential sectors, restoring the Lion City's status as a safe-haven.

  • Office property demand in China fuelled deals in major Chinese markets; transactions in Beijing hit a record high of US$4.02 billion.

  • Japan's property market continued to see investment interest and activity in the office, residential and logistics sectors


Download the report below to find out more expert recommendations for investors across Asia Pacific. Contact Terence Tang and John Marasco for more key trends and opportunities across Asia Pacific capital markets.

Asia Pacific Market Snapshot | Q2 2021

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John Marasco

Managing Director | Capital Markets & Investment Services

Investment Services

Melbourne CBD

I have been with Colliers International for over 25 years and am the Managing Director of Capital Markets & Investment Services, Australia as well as the State Chief Executive of Victoria.  

I have established a strong reputation in the Capital Markets space and have formed close relationships with major investors and institutions on a global scale. In recent years, I have negotiated some of Australia’s largest real estate transactions and have been instrumental in successfully brokering many substantial transactions with overseas investors entering the Australian market. My extensive connectivity in the global real estate market can unite capital with local expertise, regardless of location.

Our national Investment Services business represents market specializations including Capital Markets and Investment Sales. The two clear divisions servicing the Australian commercial office market ensures complete market coverage, efficiency and premium experiences and successes for our clients. 

‚ÄčAs a long standing senior member within Colliers International, I have played an integral role in contributing to the business's success in Australia. I hold a number of senior positions with Colliers including a member of the National Executive Board. I am committed to the success of the business by providing our people with the tools they require to deliver incomparable service and results.

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