Apac records US$36.3 bil in 1Q2025 commercial real estate investment: JLL
Data compiled by JLL indicates that Apac commercial real estate investments totalled US$36.3 billion ($47.7 billion) last quarter, rising 20% y-o-y (Picture: Samuel Isaac Chua/The Edge Singapore)
Commercial real estate investment in Asia Pacific (Apac) has hit a new first-quarter high since the 2022 rate hike cycle, according to research by real estate consulting firm JLL. Data compiled by the company indicates that Apac commercial investments totalled US$36.3 billion ($47.7 billion) last quarter, rising 20% y-o-y.
This is the sixth consecutive quarter of y-o-y growth, says JLL. 'The continued growth in Asia Pacific commercial real estate investment is a testament to the region's strong fundamentals and attractiveness to global capital," adds Stuart Crow, CEO, Asia Pacific Capital Markets, JLL.
The investment volume in 1Q2025 was supported by US$8.6 billion in cross-border investments. This represents a growth of 152% y-o-y and the highest 1Q Apac cross-border volumes since 2019, according to JLL.
Read also: Singapore's real estate market remains 'resilient' despite 7.3% q-o-q drop in investment deals in 1Q2025: Colliers
Japan was the highest contributor to 1Q2025 investment volumes at US$13.7 billion, reflecting a spike of 20% y-o-y. South Korea came in second with US$6.8 billion in investments (up 58% y-o-y), followed by Australia at US$3.9 billion (up 30% y-o-y). Meanwhile, Singapore posted US$2.2 billion in 1Q2025 commercial investments, rising 16% y-o-y.
Looking ahead, Crow views that tariff-induced market volatility may result in a temporary pause on large deal activity. However, he expects investors with a long-term horizon to continue investing in Apac commercial real estate, which remains relatively insulated from short-term fluctuations. 'We continue to be of the opinion that the Apac region will be a net beneficiary of cross-border capital flows,' he says.
Still, Apac countries are expected to be detrimentally impacted by US tariffs, with US-export reliant markets such as Vietnam, Malaysia and South Korea expected to be hit the hardest. Amid lower growth expectations and recession fears, leasing and investment across all commercial real estate sectors could be affected, says JLL.
Pamela Ambler, JLL's head of investor intelligence for Apac, notes that US-reliant markets in Asia may face depreciation pressures ahead due to the weakening of the US dollar brought about by a pessimistic US growth outlook. Ambler adds that such pressures could have a knock-on effect in the real estate market, making assets cheaper for regional and global investors investing with US dollars.
3% q-o-q drop in investment deals in 1Q2025: Colliers
Real estate investment sales fall 31.8% in 2023 amid tepid market: Knight Frank
$4 billion of investments recorded in 1Q2023; lowest quarterly volume since 4Q2020: Colliers
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For further information, please contact:info@ Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements in this news release relate to, among other things, the completion of the Offering and the terms thereof, the closing of the Offering, the intended use of proceeds of the Offering and the strategic vision and objectives for the Company and expectations regarding exploration potential. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include, but are not limited to, risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; risks related to our ability to re-establish commercially feasible mining operations; industry related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy, or reagents. 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We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments except as required by applicable law. All forward-looking statements contained in this news release are expressly qualified by the foregoing cautionary statements. View original content to download multimedia: SOURCE Hycroft Mining Holding Corporation View original content to download multimedia:
