Asia Pacific (APAC) commercial real estate investment volumes totaled $47 billion in first quarter 2026, a 31 percent year-on-year increase, according to JLL. The performance marks the strongest first quarter on record for the region, reflecting sustained investor confidence and market resilience despite heightened caution surrounding the Middle East conflict that began in end February and its impact on global energy markets.
The region continues to demonstrate exceptional strength in large-scale cross-border investments, as cross-border capital flows reached an all-time quarterly high of $16.3 billion, an 87 percent increase compared to the same period a year ago.
In first quarter 2026, Singapore saw the highest year-over-year growth in Asia Pacific at 433 percent, at $11.5 billion of investment. This spike in growth was driven by Hongkong Land and QIA’s asset transfers to mega-fund, SCPREF which accounted for $6.4 billion of total market volumes. A favorable finan
