For investors in the Asia-Pacific (APAC), the last decade probably ended in 2019. What could have happened the year after will remain hypothetical, as momentum was upended by the pandemic. Still, the decade’s penultimate year capped an exceptional period for real estate investment in the region, as it emerged to be the epicentre of growth in global real estate investment. With global allocations rising and a flood of new regional funds targeting gateway cities, cross border investments raced to a record-setting US$57 billion.
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