GENERAL NEWS
OVER 2023, Asia-based capital took out the lion’s share of commercial real estate investment market across the Asia Pacific region...
According to Cushman & Wakefield and the latest data from MSCI, Asia’s share of regional cross-border investment in the Asia Pacific hit a six-year high of 18% in Q3 2023...
“While global investors from outside the Asia Pacific region and managers managing global capital are generally well placed with significant dry powder for deploymen...
“This has provided a window of opportunity for Asia-based investors to expand their regional footprint. While Singapore and Hong Kong capital remained the largest sources of...
Japanese outbound investment reached US$2.8 billion for the year to November 2023, more than triple the previous decade average of US$0.8 billion...
“We believe in the long-term advantages that Asia Pacific offers to global investors, in terms of both strong economic and demographic fundamentals, as well as the diversification...
“This will stimulate more activity as we move through 2024 as rates stabilize and asset prices normalize.”...
While domestic investment activity levels accounted for 73% of total transaction volume across the third quarter...
With Mainland China investors dominating the local commercial real estate market activity in Q3 to take an all-time high of 96% of total quarterly investment volume...
Domestic capital in the China commercial real estate investment market also accounted for 87% of the total transaction volume over the first three quarters...
“A growing number of domestic investors have increased their allocation in commercial real estate assets, especially in Tier 1 cities, seeking stable long-term returns,”...
“We expect this trend to continue in 2024 given the relatively low-rate environment for domestic capital and recent expansion of C-REITs to include retail properties...