Office and retail property predictions for Asia Pacific in 2022

CBRE, leading international property consultants, foresees a record year for Asia Pacific commercial real estate investment in 2022, driven by steady economic growth and pent-up investor demand, according to the company’s 2022 Asia Pacific Real Estate Market Outlook.

CBRE expects total investment volume this year to grow by at least 5% to more than US$150 billion, surpassing the previous pre-pandemic high of US$142 billion in 2017. Strong investment activity from close-ended real estate funds, real estate investment trusts and institutional investors, including many that paused acquisitions at the onset of the pandemic in 2020—are expected to drive the recovery.

It is estimated that institutions in the region have up to US$500 billion in equity on their balance sheets awaiting deployment.

Greg Hyland, Head of Capital Markets for Asia Pacific at CBRE believes that logistics…