Asia Pacific real estate investment to rebound in 2021: JLL ANI | Updated: Feb 19, 2021 15:15 IST
Singapore, Feb 19 (ANI): Professional services firm specialising in investment management JLL has forecast that Asia Pacificreal estate investment will continue to rebound in 2021 with direct transactions to rise by 15 to 20 per cent year-on-year.
Alternative asset classes like logistics, multi-family and data centres are also likely to drive investment activity this year, it said. Besides, office, retail and hotel investment deals are forecast to increase in tandem with economic growth.
Office assets will remain core for most investors, but JLL expects more value-add strategies to emerge with demand for flex space, healthier buildings with more collaborative spaces to increase.