Asia-Pacific investment grows for the third straight quarter on an annualized basis, gaining 2% in Q2, representing a 7% increase for the first half of the year.
Insight
Asia Pacific Capital Tracker Q2 2024: Stalwart of stability
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Investment volumes in Asia-Pacific (APAC), fuelled by a robust office sector, climbed 2% year-on-year (YoY) to reach US$27.3 billion in Q2 2024 , extending its positive momentum to a third quarter.
The Japanese market remained the most active in the region, benefitting from a surge in hotel deals fuelled by a weak yen and a thriving tourism industry.
Australia was another standout performer with a 73% YoY jump in investment on the back of major office and industrial deals, while Singapore saw family offices more active in retail.
Activity in South Korea was mainly driven by owner occupation, while foreign institutional capital took interest in India’s office assets in gateway cities.
Uncover deeper insights into market trends and investment opportunities in our latest Capital Tracker.