CBRE has launched its Q3 2025 Asia Pacific Cap Rate Survey report, finding appetite for real estate investment has strengthened across Asia Pacific and investment volumes have risen 20 percent year-over-year in the first three quarters of 2025, led by Korea and Japan.
The survey findings reflect an overall improvement in investment sentiment and risk appetite, with 90 percent of respondents reporting either unchanged or higher investor risk appetite, compared with 78 percent six months ago.
Cross-border capital remains particularly focused on Japan, Singapore and Australia, while buying intentions in Hong Kong and Australia have strengthened.
In addition, asset repricing and rental growth remain top growth drivers, with 67 percent of investors reporting new acquisition opportunities at elevated yields/favorable pricing as one of the top three factors they are seeking to enhance investment returns in the coming six months.
When looking at top conc