Monday Nov 04, 2024
Asia Pacific’s CRE Investment Skyrockets: Insights and Trends
In this episode, we explore the remarkable 82% year-on-year increase in commercial real estate investment across the Asia Pacific region, reaching $38.8 billion in Q3 2024. We discuss the factors driving this resurgence, including mega office deals in Korea and hotel acquisitions in Japan. Additionally, we analyze Blackstone president Jon Gray's insights on the recovery of the commercial real estate sector, the mixed results in Westchester's market, and the transformative impact of regulatory reforms in Saudi Arabia's commercial landscape. Join us for a comprehensive overview of current trends and future opportunities in commercial real estate.
Sources:
https://www.retalkasia.com/2024/11/04/apac%E2%80%99s-commercial-real-estate-investment-soars-q3-2024-%E2%80%93-jll/1730692349
https://www.businessinsider.com/commercial-real-estate-office-debt-investing-outlook-blackstone-jon-gray-2024-11
https://dailyvoice.com/new-york/whiteplains/westchesters-2024-q3-commercial-real-estate-market-shows-mixed-results-report/
https://arab.news/cddjw
Outline:
(00:00:00) Introduction
(00:00:43) APAC’s commercial real estate investment soars in Q3 2024
(00:01:32) Commercial real estate is flashing signs that the worst of the distress is over, Blackstone president says
(00:04:19) Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report
(00:06:28) Regulatory reforms helping drive growth in Saudi Arabia’s commercial