Limited deals in major markets and the continued currency depreciation in Asia Pacific are weighing on investment activity, which fell 29 percent year-on-year to $28 billion in the third quarter, data from JLL’s latest Capital Tracker shows.
High-profile office transactions in Sydney and Melbourne fueled a 15 percent surge in Australia’s third-quarter volumes, while South Korea recorded $6.4 billion with healthy activity in the office and logistics sector.
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