Asia-Pacific cross-border investment set to soar 50% by year end – Knight Frank
Cross-border real estate investments in the Asia-Pacific region have surged, reaching $36.3 billion in Q3 2024, with projections to grow by 50% year-on-year by the end of 2024, says Neil Brookes, global head of capital markets, Knight Frank.
Cross-border investments in Asia-Pacific are projected to rise in H2 2024 - Knight Frank
Knight Frank forecasts for the second half of 2024 predict a 33% rise in Asia-Pacific cross-border real estate investments, driven by anticipated Federal Reserve rate cuts, as detailed in the Horizon Report III – Look Beyond the Norm.
Singapore received the highest proportion (45.6%) of overseas investment among Asia-Pacific markets in Q1 2024 – Knight Frank
In the first quarter of 2024, Singapore experienced a significant increase in cross-border investment, outpacing the Asia-Pacific region with a 22.8% rise above the 10-year average, contributing US$906 million mainly in the hospitality sector, according to Knight Frank.
