Hong Kong, Australia, and Japan recorded the highest growths.
Real estate investments in Asia Pacific for Q4 2017 set a new high record with $68.8b, up 16% year-on-year, according to real estate consultant JLL.
Traditional favourites Hong Kong, Australia, and Japan all saw a surge in transaction volumes. Real estate investment volumes in Hong Kong grew by 171% yoy, Australia up by 40%, and Japan up by 31%.
Real Capital Analytics earlier reported a 50% yoy growth on Singapore’s real estate investments in 2017 to $19.8b (US$15b) pushed by large en bloc deals.
In line with this, Colliers International forecasted the real estate investments in Singapore to hit $44b to $48b this year.
Do you know more about this story? Contact us anonymously through this link.