Asia Pacific’s commercial real estate sector recorded more than $34 billion in direct investments in the first quarter of 2021, a decline of less than 1 percent year-on-year, said JLL. According to the firm’s Capital Tracker report, investment volumes decreased 23 percent compared to the fourth quarter of 2020, but outperformed the other two regions — North America, and Europe, Middle East and Africa — which registered larger declines year-on-year.
Across Asia Pacific, the majority of investment activity occurred in markets with strong domestic liquidity bases. JLL’s analysis reveals that
