Beijing named No. 1 Asia Pacific market

Beijing surged to become the most active Asia Pacific metro for commercial real estate investment in the first quarter of 2019, reported in the latest edition of Real Capital Analytics’ Asia Pacific Capital Trends.

Acquisition activity in the Chinese capital city jumped to the number 1 spot from the number 7 spot in 2018, powered by two deals priced at more than $1.3 billion. The total sales volume was approximately $4.5 billion.

Hong Kong slipped to second place, with Tokyo in the third spot and Seoul in fourth.

Shanghai was in fifth place, the same as 2018, and Chinese cities Tianjin and Shenzen also featured in the top 10.