Cross-border Property Investment Highest Since 2008

• Proeksa Meas
• 15 January 2016
• Local News
• 1037 Views

According to CBRE, cross-border property investment in Asia accounted for 36 percent of total turnover year-to-date, showing a 36 percent quarter-on-quarter rise to $10.6 billion, the highest total recorded since 2008.

Ada Choi, Senior Director, Research, CBRE Asia Pacific, commented, “the region’s investment environment saw solid activity this quarter driven by renewed interest from western investors and the rise of Asian institutional investors and fund managers. International institutional investors continued to expand their real estate portfolios in the region as they’re seeking long-term investments to generate profit above inflation.”

“With cross-border investment gathering pace, Asian investors still continue to be drawn to offshore opportunities, looking abroad to diversify a growing pool of domestic wealth globally”.