• Asia Pacific commercial real estate transaction volume totalled US$ 34 billion in Q3 2019, an increase of 17% q-o-q. The figure was supported by the completion of several large and related-party transactions.

 

  • Ongoing sociopolitical unrest in Hong Kong continued to weigh on investment sentiment. Both local and foreign investors turned more prudent. Foreign investors were also less active in China.

 

  • Japan saw steady purchasing by J-REITs and property companies, while Australia continued to enjoy strong interest from Asian capital.

 

  • Investor confidence in Singapore’s office market remains strong, with several major Grade A office assets changing hands. Foreign interest in India is rising after the country’s first REIT appreciated by 35% since its listing in March.