Real estate investment in the Asia Pacific region is gaining strong momentum, with volumes rising 12% year-on-year to US$ 155.9 billion in 2024, according to Colliers. The surge reflects growing investor confidence across key markets, including India, where capital inflows and foreign interest continue to accelerate.
Real estate investments in the Asia Pacific (APAC) region rose by 12% year-on-year (YoY), reaching US$ 155.9 billion in 2024, according to Colliers’ ‘Asia Pacific Investment Insights H2 2024’ report. This growth highlights the resilience of the region’s top nine markets: Australia, Mainland China, Hong Kong, India, Japan, Singapore, South Korea, New Zealand, and Taiwan.
In the second half of 2024, South Korea, Japan, and Mainland China together accounted for 59% of the US$ 83.2 billion invested in APAC real estate. India, South Korea, Taiwan, and Australia saw strong investment momentum, each recording over 30% YoY growth. Office and industrial & logistics assets led investor interest, contributing nearly 60% of total investments. Meanwhile, retail and hospitality segments rebounded significantly, with retail investments growing 31% YoY to US$ 15 billion in H2 2024. Australia and South Korea each attracted over US$ 3 billion in retail investment, signaling renewed confidence in these segments.
India emerged as a standout performer, recording an 88% rise in real estate investments during H2 2024 to reach US$ 3 billion. Office assets received 47% of these investments, followed by industrial & logistics at 27%. Mumbai led city-wise investments, primarily driven by office acquisitions. For full-year 2024, India’s institutional capital inflows reached US$ 6.5 billion, up 22% YoY.
Badal Yagnik, CEO of Colliers India, projected continued investment growth in 2025, supported by strong economic fundamentals and potential interest rate cuts. Vimal Nadar, Senior Director at Colliers India, noted that foreign investors contributed 57% of H2 2024 inflows, while domestic investments reached US$ 1.3 billion, growing 8% YoY. He also pointed out the growing interest from other APAC countries in Indian real estate, alongside sustained interest from the US, Canada, and the EU.
Chris Pilgrim, Managing Director, Global Capital Markets at Colliers Asia Pacific, emphasized the region’s strength and predicted a robust investment outlook for 2025 amid easing inflation, falling borrowing costs, and stable economic growth across key markets.
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