Real Estate Investment in Asia Pacific Is Strong

Real estate investment in Asia Pacific is outperforming other regions, according to a new report from JLL as reported in The Business Times.

Investment in Asia Pacific real estate has reached US$125 billion in the first three quarters of 2019, up 10 per cent year-on-year, and is set for another strong year in 2020, said JLL.

Stuart Crow, chief executive officer of Capital Markets Asia Pacific, JLL, said: “Over the next two years, we expect global real estate transaction volumes to stay elevated and Asia Pacific to outperform Europe and the Americas with an outsized portion of global investor interest.”

“We believe that governments in this region are sustainability conscious and proactive in transforming their cities to make them smarter and more livable,” said Mr Crow. “These initiatives present opportunities for astute real estate investors, either by acquiring or developing sustainable assets, or being a part of the city redevelopment process.”