Apac real estate investment deals to rebound 15-20% in 2021: JLL
2021 may mark start of new cycle of regional property growth, with interest rising for logistics and alternative assets
Janice Heng
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
REAL estate investment deals in the Asia-Pacific may rebound by 15-20 per cent in 2021, led by North Asia, as investors seek assets with income stability, said real estate consultancy JLL in its 2021 Asia-Pacific Real Estate Outlook on Dec 18.
They see 2021 as marking the start of a new cycle of real estate growth in the region, with investor interest rising especially for logistics and alternative assets such as data centres and multi-family or residential rental properties.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts