The Asia Pacific real estate market saw a 12% year-on-year increase to USD 155.9 billion in 2024, according to Colliers’ report. The top nine markets, including Australia, Mainland China, Hong Kong, India, Japan, Singapore, South Korea, New Zealand, and Taiwan, accounted for 59% of total investments.
Office, industrial & logistics, retail, and hospitality segments also saw significant growth. India’s real estate sector has seen a strong growth in H2 2024, with an 88% annual rise in investments at USD 3.0 billion. Office assets accounted for 47% of the investments, followed by industrial and logistics at 27%.
Mumbai attracted almost half of the investments, primarily due to office asset acquisition. Institutional investments in Indian real estate have shown remarkable growth, with a 22% rise in capital inflows at USD 6.5 billion in 2024. This momentum is expected to continue in 2025, driven by favorable economic growth prospects and optimistic investment sentiments.
Madhya Pradesh is developing two metropolitan regions to boost economic growth. The government is developing two metropolitan regions to integrate Indore, Ujjain, Dewas, and Dhar, while the second will include Bhopal, Sehore, Raisen, Vidisha, and Biora.
DMRC has completed tunnelling on one of its deepest underground sections of Phase IV, with a tunnel boring machine (TBM) breakthrough at IGNOU station on the Aerocity-Tughlaqabad corridor. IIFL Home Finance has announced a strategic partnership with Maharashtra Housing Development Corporation Ltd. (MHDC) to promote affordable housing projects and facilitate home financing in Maharashtra.
Tech Mahindra has expanded its strategic partnership with Google Cloud to drive AI adoption and digital transformation for enterprises worldwide. Terex, a world leader in crushing and screening, has partnered with the International Motoring Club (IMC) to introduce a comprehensive roadside assistance program across the UAE.
Atlas Copco Group has launched a new manufacturing facility in Pune, while Karekoll has opened a new manufacturing facility in Jaipur, Rajasthan. The Central government has granted in-principle approval to expand the Palasuni bridge over Gangua Nala into a six-lane structure to reduce congestion in Bhubaneswar.
NHPC has invited bids for a 2.56 MW rooftop solar project in Nagaland under the PM Surya Ghar: Muft Bijli Yojana. Ajmera Realty secured a total carpet area of 0.5 acres. Office assets accounted for 47% of the investments, followed by industrial and logistics at 27%.
The Asia Pacific (APAC) real estate market has witnessed a strong rebound in 2024, with total investments rising by 12% year-on-year. The surge is attributed to a combination of economic recovery, growing investor confidence, and increased demand for commercial and residential properties. Key markets such as China, India, Japan, and Australia have played a significant role in driving the growth.
Institutional investors and private equity firms have shown renewed interest in core and emerging real estate sectors. Office spaces, logistics hubs, and data centers have seen substantial capital inflows, driven by digital transformation and the expansion of e-commerce. Additionally, green buildings and sustainable developments are gaining traction, aligning with the global push toward ESG (Environmental, Social, and Governance) compliance.
India, in particular, has emerged as a hotspot for real estate investments, backed by infrastructure growth, favorable government policies, and strong demand in the housing sector. Meanwhile, Japan’s low-interest rates and stability continue to attract foreign investments, while Australia’s industrial and logistics sector remains a preferred choice for investors.
Despite concerns over global economic uncertainties and geopolitical tensions, APAC’s real estate market remains resilient. Analysts predict continued growth in the coming quarters, supported by robust urbanization trends, technological advancements, and the increasing adoption of REITs (Real Estate Investment Trusts).
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Construction, Infrastructure and Mining
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