CBRE's Mid-Year Asia Pacific Real Estate Outlook: Commercial Real Estate Market Faces Challenges, But Resilient Sectors Offer Investment Opportunities

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CBRE foresees a continued challenging environment for the Asia Pacific commercial real estate investment market due to the prolonged interest rate hike cycle, insufficient price corrections, and a slower than expected recovery of mainland China, according to CBRE’s 2023 Asia Pacific Real Estate Market Outlook Mid-Year Review. CBRE has revised its full-year forecast for Asia Pacific’s commercial real estate investment volume to a decline of 15%, before starting to recover in the first half of 2024.

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