By Real Capital Analytics on February 4th, 2020
The Asia Pacific commercial property market endured a bumpy 2019, with Hong Kong’s slump weighing on overall regional activity, the latest edition of Asia Pacific Capital Trends shows. A lack of entity-level deals also held back total volume figures compared to a year prior. Still, some markets proved resilient.
Singapore reach a record level of activity in 2019 and, in local currency terms, so did Australia. Transaction volumes in Japan and China were flat compared to those seen in 2018. Stymied by political unrest and economic uncertainty, activity in Hong Kong slid 42% versus 2018 levels.
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