Asia Pacific commercial real estate investment volumes rose 3% in Q4 2023: JLL

Commercial real estate investment in Asia Pacific rose 3% year-on-year (YoY) in Q4 2023 to US$31.6 billion, reversing seven consecutive quarters of decreasing volumes. According to data and analysis by global real estate consulting firm JLL (NYSE:JLL), the Q4 2023 uptick in volumes provides some upside after a challenging year that saw overall investment across the region decline by 17% YoY to US$106.8 billion.

China stood at the forefront of Asia Pacific’s investment rebound for the second consecutive quarter, recording a 50% YoY…