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Research - JULY 25, 2024

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Asia Pacific office sector leads Q2 movement in cap rates

by Andrea Zander

Colliers has found the office sector recorded the most movement in cap rates in the past quarter in Asia Pacific, while geographically, the Brisbane, Manila and Sydney markets saw the most movement quarter-on-quarter.

Colliers’ Second Quarter 2024 APAC Cap Rates report found that, region-wide, the sector recording the greatest movement in cap rates was the office sector. Some of the markets with the biggest movement in office cap rates included Auckland, Melbourne, Mumbai, Seoul and Sydney.

CK Lau, Colliers’ managing director of valuation and advisory services, said sales transa

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