Tokyo and Singapore commercial property lures investors, reports show

Tokyo and Singapore commercial property lures investors, reports show Tokyo and Singapore commercial property lures investors, reports show

SINGAPORE — The commercial property sectors of Tokyo, Sydney and Singapore are expected to be among the Asia-Pacific region’s most successful when it comes to attracting foreign investors looking for real estate deals now that the U.S. Federal Reserve is cutting interest rates, according to a report published on Tuesday.

In a poll by real estate services firm CBRE, 53% of respondents said they intend to buy more commercial real estate in the Asia-Pacific region this year, up from 49% last year and 41% in 2023. This is the highest percentage since 2022, CBRE said in a report.