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Asia Pacific Commercial Property Markets Slowly Rebounding Post Covid

According to CBRE's latest MarketView and Investment Trends research, the commencement of COVID-19 vaccination programs and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity in Asia Pacific in Q1 2021.

South Korea Commercial Property Investment Imploded in 2020, Driven by COVID

According to CBRE's 2020 Korea In and Out report, foreign investment in the Korean commercial real estate market reached an estimated $1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial real estate investment volume fell 39% y-o-y to $6.3 billion in 2020.

Turkey Enjoys World's Highest Annual Residential Price Growth

International property consultant Knight Frank is reporting this week that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019.

Despite Covid, Asian Outbound Real Estate Investment Recovering in 2021

According to new research from global property consultant CBRE, Asian outbound commercial real estate investment volume declined 37% year-over-year to $30 billion in 2020, as Coronavirus-related obstacles including restrictions on travel and site inspections impeded purchasing activity.

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