Asia Pacific real estate investments rise 39% year-on-year in first half of 2021

Investment volumes in Asia Pacific commercial real estate reached $83.5 billion in the first half of 2021, representing growth of 39 percent year-on-year.

Increased investment into the logistics and industrial, office, and retail sectors indicates an ongoing recovery of the region’s capital markets. Volumes in January to June 2021 were down 6 percent on pre-COVID-19 levels for the same period of 2019, according to JLL’s Asia Pacific Capital Tracker.

China, Australia and South Korea comprised 69 percent of the total investment volume, while activity in Japan was weaker due to disruptions from COVID-19. JLL analysis of capital flows in the second quarter of 2021 reveals that office, logistics and industrial, and retail investments made up 31 percent, 30 percent and 30 percent, respectively.

“Asia Pacific real estate investment is clearly back as investors reaffirmed their positive outlook, ensuring a sizable upswing in year-on-year volumes in the first half.