Asia Pacific Real Estate Strategic Outlook Mid-Year 2024

This document is a research report detailing the Asia Pacific Real Estate Strategic Outlook for mid-year 2024. It outlines the anticipated real estate repricing cycle in the region, which is expected to reach its bottom by the end of 2024, coinciding with an easing of financing conditions. The report discusses various investment themes, such as Repriced Logistics and Built-to-Rent/Multifamily opportunities in Australia and Japan, while also highlighting tactical opportunities in Sydney Office and High-street Retail in Japan. The economic update section notes the current soft economic conditions across Asia Pacific, with consumption expenditure moderating and varying growth expectations across countries. The report further details the office leasing environment, indicating improvements in leasing volumes, particularly in Tokyo and Singapore, while also addressing challenges in Australia and China. It concludes with insights into the industrial and retail sectors, noting the impact of rising construction costs and shifting consumer behaviors on investment opportunities.