Report | Intelligent Investment
2022 Asia Pacific Real Estate Capital Flows
Inbound and Outbound Investment Trends
May 9, 2023

Looking for a PDF of this content?
This report examines the investment capital flows to and from the Asia Pacific region in 2022, and highlights the key markets and sectors that saw notable inflows and outflows.
Key highlights include:
- India was the only market in Asia Pacific to attract more international capital in 2022 compared to the previous year.
- While Singapore remains the biggest source of capital in Asia Pacific, investment halved from 2021.
- Western investment in mainland China fell to just US$500 million in 2022.
- Interest and exchange rate volatility has eroded Asia Pacific investors’ appetite for U.S. real estate.
- U.S. investment in Asia Pacific slowed significantly due to sharp interest rate hikes in H2 2022.

Research Contacts
Ada Choi, CFA
Head of Occupier Research & Head of Data Intelligence and Management, Research, Asia Pacific
Kontakt
Related Insights
- Report | Intelligent Investment
Global Real Estate Capital Flows H2 2022
Global cross-border investment in H2 2022 mirrored the broader market slowdown
- Report | Intelligent Investment
Singapore Viewpoint - Investment In & Out 2022
nbound investment in Singapore in 2022 reached US$7.585 bn, a marginal increase (3.4% y-o-y) from US$7.333 bn recorded in 2021.
- Report | Intelligent Investment
In and Out Japan 2022
Inbound investment into Japan reached US$9.96 billion in 2022, a 9.2% decrease from the previous year. However, the fall was mainly due to the depreciation of the yen, and the investment amount in yen actually increased by 12% to JPY 1.3 trillion.
- Report | Intelligent Investment
In and Out: Australia December 2022
Investment activity in Australia slowed in late 2022 off the back of higher interest rates.