Investors expect Asia Pacific real estate investment to accelerate in 2021

Asia Pacific real estate investment volumes are expected to rebound in the first of half of 2021 as investors continue to evaluate current market uncertainties due to the COVID-19 pandemic. According to JLL, economic uncertainty resulting from COVID-19 is providing challenges when deploying capital, prompting investors to reimagine Asia Pacific strategies to focus on core geographies and further accelerate pre-COVID trends.

Around 84 percent of survey respondents expect transaction volumes to recover by the second half of next year. Deeper analysis shows 32 percent expect recovery in second half 2020, while 52 percent expect recovery in first half 2021. Nonetheless, with an expected recovery over the next six to 12 months, many investors have identified Japan, South Korea, China and Australia as the markets most likely to observe an increase in transactional activity into 2021. Asia Pacific real estate transaction volumes totaled $52.9 billion in the first six months of 202