Investors eye Japan, Singapore real estate amid rising cost of debt
Investors, though cautious, are sitting on record amounts of dry powder and will remain on the lookout for bargains in mature markets including Japan and Singapore.
Real estate investment in Asia Pacific cooled during the first half of this year amid the rising cost of debt, macroeconomic turbulence caused by the Russia-Ukraine conflict and a protracted lockdown in the region’s major market, China.
Asia Pacific real estate investments declined 17% year-on-year to $70.9 billion during the first half of 2022 (1H 22), an August 4 report by JLL found. The fall comes off a high base as volumes reached record highs in 2021 driven by a rebound afte…
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