Investment in Asia Pacific real estate has reached $125 billion in the first three quarters of 2019, up 10 percent year-on-year, and is set for another strong year in 2020, said JLL.
According to the real estate consultancy, foreign investments into Asia Pacific are at a decade-high, making up 35 percent of total volumes, mostly driven by private equity funds and large-scale transactions.
“Real estate in Asia Pacific has gained favor in the last year as investors continue to seek high yields and stability amid a climate of geopolitical uncertainty and slowing economic growth. As an increasing amount of capital is being allocated to real estate, we’re seeing more clients making larger-scale investments to expand their portfolios,” said Stuart Crow, CEO capital markets Asia Pacific, JLL. “Over the next two years, we expect global real estate transaction volumes to stay elevated and Asia Pacific to outperform Europe and the Americas with an outsized portion of