“Should this be achieved, it would set a historical high for annual commercial real estate transaction volume in the region,” says the firm. Investors from Singapore, Australia and South Korea displayed the strongest intention to purchase real estate in the region. Moreover, banks in the region remain accommodative towards lending for commercial real estate acquisitions while continuing to closely monitor residential lending to avoid overheating. Despite the ongoing pandemic-related uncertainty and aggressive pricing for well-located high-quality assets, investors are still seeking higher returns. Compared with 2021, more investors expect office demand to increase slightly (+10%) over the next three to five years.

Source: The Edge Markets February 19, 2022 19:59 UTC