Asia Pacific Capital Markets Hub 2024 - 2025

India’s REIT market also features as a major highlight, demonstrating robust growth across both office and retail sectors. With record leasing volumes driven by demand from multinational occupiers and Global Capability Centers (GCCs), Indian REITs have shown exceptional resilience and adaptability. The success of office REITs, paired with emerging opportunities in small and medium REITs (SM-REITs), highlights India's potential as a fast-developing investment destination. The coming year promises further milestones, including the debut of Knowledge Realty Trust (KRT), poised to become one of the largest REITs in the country. Looking ahead, the Asia REIT market is poised to evolve against a backdrop of global economic shifts and localized developments. Mature markets such as Japan, Singapore and Hong Kong are expected to stabilize, while emerging markets will likely continue to lead growth on the back of robust domestic fundamentals and supportive policy measures. In addition, sectors such as data centres and hospitality are likely to remain in focus, presenting opportunities for investors seeking to diversify their portfolios. Together, these trends position the Asia REIT market as a dynamic and increasingly prominent segment within the global real estate investment landscape. We trust this report will prove a valuable resource for your investment decisions in Asia’s real estate sectors. Sincerely,

Catherine Chen, Director, Investor Client Intelligence & Insights Asia Pacific, Cushman & Wakefield

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