RCA Insights

Asia Pacific Activity Subdued in Q3; Hong Kong Drops

By on November 6th, 2019

Commercial real estate activity was subdued in the Asia Pacific region during the third quarter, hampered by global macroeconomic concerns and unresolved trade tensions, the latest edition of Asia Pacific Capital Trends shows. Investment levels in Australia, Japan and South Korea slipped compared with a year earlier and in Hong Kong activity slumped. Singapore, by contrast, is headed for a banner year.

For the first nine months of 2019, Toyko was in pole position as Asia Pacific’s largest commercial property market. Hong Kong fell to the number two rank as the volume of income-producing assets that traded dropped by 41% year-over-year. Beijing was in the fourth position in the rankings, up from the number eight spot in 2018.

Asia Pacific Capital Trends is a quarterly report published by Real Capital Analytics. Each edition has commentary from RCA experts on the latest volume and pricing data as well as insights into emerging investment trends for leading markets across the region. Rankings for the top metros, the biggest deals and the most active buyers and sellers are shown. To learn more about how to subscribe to this report and associated data files, contact us.  

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