Below are some highlights for developed countries and locations based on Savills’ Asia Pacific Investment Quarterly for second quarter 2018:

Australia

Now in the country’s 26th consecutive year of economic growth, Australia’s direct-property market performance has extended its gains over equities markets, based on MSCI data. During the past five years, the nation’s commercial property sector has delivered an average unlevered total return of 72.4 percent (income and capital returns), while Australian equities posted 42.9 percent over the same period.

“We are now at a point in the commercial property sector where we are seeing a shift in focus to income growth,” states the report. “Over the last three years, capital returns have accounted for the majority of total returns, with record capital value appreciation, particularly in Sydney and Melbourne’s office markets, driving market yields to record-low levels.” (For more