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Asia-Pacific property remains attractive as cross-border volumes rise
Savills said cross-border property volumes in the region have increased about 30.0% to date, despite uncertainty around US monetary policy.
Property markets across Asia-Pacific are expected to stay attractive even as investors weigh heightened uncertainty about monetary policy following the US Federal Reserve’s first interest rate increase in more than three years earlier this month, analysts told SCMP Economy.
SCMP Economy reports that Savills has pointed to rising deal activity, with Emily Fell, senior director for living sectors in Asia-Pacific capital markets at Savills, saying cross-border volumes in the region have increased by around 30.0% to date.
The outlet said multiple asset classes and sectors are expected to draw investor interest, according to those analysts.