Investment in Asia Pacific commercial real estate decreased 17 percent year-on-year in first half 2022, due to a moderation of deal activity in several of the region’s major economies. According to data and analysis published in JLL’s Q2 2022 Capital Tracker, direct real estate investments in Asia Pacific totaled $70.9 billion in the first half as a tightening rate cycle and inflationary concerns began to affect transaction activity in the latter months.

“Investment volumes in the first half declined moderately from the high base set in 2021 as external factors emerged, r