Asia Pacific to lead real estate investment recovery

China property developers 0Property markets in Asia Pacific will be at the forefront of a global recovery in real estate investment according to a recently published report. The study from real estate services firm Cushman & Wakefield, ‘The Signal Report: Investor’s Quarterly Guide to 2021’, forecasts that real estate investment volumes in Asia Pacific will reach roughly US$165 billion, which equates to 90% of 2019 value. The report puts this recovery down to an uptick in investor confidence fuelled by the region’s economic recovery from the pandemic as well as a surge in investment in the last quarter of 2020, led by China and South Korea. Of particular interest to international investors are China’s logistics, business parks and data centre assets due to the country’s rapid growth in e-commerce and technology, said Francis Li, international director and head of capital markets for Greater China at Cushman & Wakefield. He also cited China’s office and retail sectors as among the best global performers, based on being ‘first in and first out’ of the pandemic. “Although relatively high levels of new supply are due in the near-term, we believe in the mid to long-term growth prospects as the country continues to take the lead in infrastructure development, job creation, and innovation,” said Li. The report states that while it expects increased investment across the region, the speed of recovery will vary for different markets. Mainland China and Japan are likely to be the first to recover while Hong Kong, South Korea, India, Singapore and Australia can all expect an uplift in 2021, albeit at a different pace. © 2021 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.