By Petra Blazkova on May 1st, 2017
Investments in Asia Pacific income-producing properties fell 21% YOY in Q1’17 to the lowest quarterly total since 2010, the new edition of Asia Pacific Capital Trends shows. The office and retail sectors were particularly hard hit in the quarter. Development site sales, by contrast, charged ahead and grew 41% YOY in Q1’17.
Slow investment activity and a shortage of investable stock available for sale has created a volatile market environment across all Asia Pacific geographies so far in 2017. China, Japan, Hong Kong and Australia logged shrinking volumes in Q1’17 compared with a year earlier, while volumes in Singapore and South Korea surged.
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