Strong performances in the major Asia Pacific real estate markets are driven mainly by investor demand for commercial and industrial assets.
Major real estate markets across Asia Pacific posted strong performances in Q2 2022, steered mainly by demand in the commercial and industrial segments as both domestic and international investors took a long-term view in the face of geopolitical and macroeconomic uncertainty.
Regional trends and key report highlights for Asia Pacific:
- Major cities in Australia witnessed over USD2.3 billion worth of deals with overseas investors dominating the market.
- Activity in China’s key markets was led by domestic investors pursuing deals mostly in the office and business park segments.
- A weak Japanese yen and widening interest rate spreads drew the interest of overseas buyers.
- Singapore's property market retained the momentum of previous quarters, despite a quarterly drop in volumes.
- Transaction volumes picked up in Hong Kong, owning to the relaxation of social-distancing measures as market participants made the most of it.
- In Korea, limited supply of office space combined with high demand have led to a stable increase in core office unit prices per pyeong (3.3 sq m).
Download the report below for more expert recommendations for real estate owners and investors across Asia Pacific, or contact John Marasco and John Howald for key trends and opportunities across the Asia Pacific capital markets.