Most of the capital was released into Singapore, South Korea, as well as Australia. Investors were likewise bullish in the direction of retail, office in addition to logistics as well as commercial assets.
Property investment development in the Asia Pacific region increased 20% y-o-y in 1Q2022, according to a market report by JLL. The consultancy’s record noted that $40.8 billion worth of funding was invested in property in the area during the quarter.
Most of the funding was released into Singapore, South Korea, and also Australia. Financiers were likewise bullish towards retail, office in addition to logistics and commercial properties. “We are optimistic that the area’s property market will certainly stand up to rising rate of interest and also growing uncertainty. We are still seeing extreme competition for assets and maintain our forecast of over $200 billion in straight financial investment right into Asia Pacific for 2022,” states Stuart Crow, …