CBRE forecasts record year for Asia Pacific CRE investment in 2022

CBRE foresees a record year for Asia Pacific commercial real estate investment in 2022, driven by steady economic growth and pent-up investor demand, according to the company’s 2022 Asia Pacific Real Estate Market Outlook.

CBRE expects total investment volume this year to grow by at least 5 percent to more than $150 billion, surpassing the previous pre-pandemic high of $142 billion in 2017. Strong investment activity from closed-end real estate funds, REITs and institutional investors — including many that paused acquisitions at the onset of the pandemic in 2020 — are expected to drive the recovery. Institutions in the region are estimated to have up to $500 billion in equity on their balance sheets awaiting deployment.

“Logistics assets remain keenly sought after by investors in 2022, while interest in premium offices that target new economy tenants is expected to strengthen, supported by the return to the office and occupiers’ requirements to meet