APAC commercial transaction volumes dip in Q2 2022

Commercial transaction volumes in Asia Pacific (APAC) fell at a faster clip of 6.7 percent in the second quarter, after rising by 3.5 percent in first quarter 2022. The drop is attributed to the decline in domestic deal activity, which fell by 12.4 percent in second quarter, a larger reduction from the 1.2 percent in first quarter, according to an analysis by Knight Frank, sourcing figures by Real Capital Analytics (RCA).

This largely can be attributed to the fall in activity in the region’s biggest markets — Australia, China, Japan and Hong Kong. However, cross-border investments remained active, growing by nearly 15 percent in the first and second quarters.

Momentum for outbound investment was sustained as investors diverted $22.1 billion outside of their home markets in the second quarter, more than doubling year-on-year. However, with economic conditions in the United States and Europe remaining uncertain, the flow of capital outside of the region has seen a m