The Asia Pacific commercial real estate market is poised for steady growth in 2025, driven by a resilient regional economy and downward interest rate cycle, with varied performance across markets and sectors, according to CBRE’s 2025 Asia Pacific Real Estate Market Outlook.
Investors are expected to prioritize value-add opportunities, owing to the high internal rate of return. Office assets will remain in favor, particularly in Australia, Korea and Singapore. The industrial sector will continue to attract strong investor interest, targeting super prime logistics in Australia and dry logistics assets in Seoul.
Leasing activity is projected to grow modestly, with occupiers prioritizing high-quality, sustainable and wellness-focused office spaces. Flight-to-quality will drive demand, while occupiers in mainland China, India and Southeast Asia will have greater choice due to a