Commercial real estate investment in Asia Pacific rose 2 percent year-over-year in second quarter 2024 to $27.3 billion, marking the third consecutive quarter of growth for the region. According to JLL, first half 2024 investment volumes totaled $57.5 billion, a 7 percent increase from the same period a year ago.
Office remained the most active sector, with Asia Pacific office volumes reaching $10.7 billion in second quarter. Growth led by offices was supported by retail and hotels, which continued to record volume growth from a year ago. Asia Pacific retail volumes rose 12 percent year-over-year to $4.6 billion, and hotel volumes grew 19 percen
