Investment volumes in Asia Pacific in 2022 are forecast to match record levels seen in 2019 at around $180 billion, with some upside to exceed this figure, according to Cushman & Wakefield.
Key drivers include maintained ultra-low interest rates despite modest increases in the past year, real estate as an inflation hedge, a record amount of dry-powder and an intensified focus on capital deployment by investors.
By asset class, the industrial sector will continue experiencing investment momentum and further yield compression, with rising supply being absorbed by rising demand. “Build-to-suit” opportunities exist across the region as occupiers seek to diversify risk, optimize the blend of efficiency and responsiveness in their supply chains, or re-shore mission-critical elements. This will benefit both advanced and emerging markets across Asia Pacific, reflecting varying commercial priorities.
Multifamily and alternative assets, such as data centers and li