Artificial intelligence (AI) is set to fuel economic expansion and increase demand for commercial real estate across Asia Pacific (APAC), rather than displace it, according to a study by Cushman & Wakefield. The analysis, AI Impact: Regional Insights – Asia Pacific, noted that AI will act as a net positive force for both economic growth and real estate demand as the region strengthens its position as a global hub for production, services and innovation.
“There is a misconception that AI will reduce the need for physical space,” said Dr. Dominic Brown, head of international research, APAC & EMEA, Cushman & Wakefield. “Our analysis shows the opposite – AI expands economic activity and that ultimately drives greater demand for real estate across sectors.”
The APAC analysis is part of Cushman & Wakefield’s global, mult