International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
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.
Co-living market is taking off in Asia Pacific as more people migrate to cities for jobs or education opportunities. This is opening up new opportunities for real estate developers and investors around the region.
According to new research from JLL, property technology - or PropTech - start-ups in Asia Pacific are outpacing their counterparts in Europe and the United States with 179 of them raising around $4.8 billion in funding since 2013.
Asia Pacific real estate investors will be motivated by fundamental investment objectives, including favorable yield spreads and adopting higher risk/return strategies.
Posted on March 16, 2017
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