A rebound of Asia Pacific’s commercial real estate investment activity remains on hold due to delayed interest rate cuts and continuous repricing activity, according to CBRE’s 2024 Asia Pacific Real Estate Market Outlook Mid-Year Review.
Nevertheless, CBRE expects 2024 investment volume to increase slightly to 3 percent. A key variable will be Japan, where cross-border capital has waned a bit as investors look for markets with higher return potential.
“While investors continue to focus on active markets such as Japan and India, repricing in coun
