Delayed US Rate Cuts to Impact Asia-Pacific Commercial Property Market Recovery: CBRE Survey
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#d2be180c ver:0.33

Investment in Asia-Pacific commercial property market grew 13% in Q1 2024, reaching $30.5bn, with North Asia leading the way. However, a survey by CBRE suggests a rebound won't happen until late 2024 or early 2025 due to delayed US rate cuts and high financing costs. Mainland China saw a 23% decline in investment, while Japan surpassed China as the most active market. Capitalization rates are expected to increase in the next six months. Investors should target prime assets in H2 2024. #AsiaPacific #commercialrealestate #investment #recovery...

#newstr #Asiapacific #CommercialPropertyMarket #Investment #RateCuts #Cbre 

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