Figures | Intelligent Investment
Q1 2023 Asia Pacific Cap Rate Survey
May 18, 2023
Although interest rates are stabilising in the region, they are likely to remain high, which will likely have a lasting impact on cap rates.
More investors are looking for discounts on logistics properties, while the pricing gap is narrowing for other sectors.
Logistics property remains the most preferred asset class for investors, although interest has weakened. Meanwhile, there is an increasing appetite for prime retail and alternatives.
A majority of CBRE professionals expect investment activity to resume in H2 2023. Purchasing is set to pick up due to greater clarity around future interest rate movements and the realisation of cap rate adjustments that will help close the price expectation gap.
Henry Chin, Ph.D.
Global Head of Investor Thought Leadership & Head of Research, Asia Pacific
Ada Choi, CFA
Head of Occupier Research & Head of Data Intelligence and Management, Research, Asia Pacific
Capital Markets Contacts
Head of Capital Markets, Asia Pacific
Executive Director, Capital Markets, Asia Pacific
Valuation & Advisory Services Contacts
Thomas Edwards, FRICS, CPV
Global President, Valuation & Advisory Services
Executive Director, Head of Valuation & Consulting, Greater China
Head of Valuation and Advisory Services, Pacific