The Asia-Pacific Office Real Estate Market Report is Segmented by Geography (China, Japan, India, Australia, South Korea, and the Rest of APAC). The Report Offers Market Size and Forecasts for the Asia-Pacific Office Real Estate Market in Value (USD Billion) for all the Above Segments.

In 2023, the Asia-Pacific Real Estate Market reached a value of USD 2925.6 million, and it is projected to surge to USD 4742.1 billion by 2030.

USD 1708.48 Billion in 2024; projected USD 2572.13 Billion by 2033; CAGR 4.62%.

The Asia-Pacific real estate brokerage market, valued at $368.41 million in 2025, is projected to experience robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and a burgeoning middle class across the region. This expansion is particularly noticeable in rapidly developing economies like India and Southeast Asia, where demand for residential and commercial properties is soaring. The market's segmentation reveals a strong presence of both residential and non-residential brokerage services, with sales dominating over rentals. While China, India, and Japan currently hold significant market shares, countries like Australia and South Korea also contribute substantially, exhibiting a balanced distribution of activity across the region. Key players like CBRE Group, JLL, and Cushman & Wakefield are leveraging technological advancements to enhance their service offerings and compete effectively, while smaller, regional firms are capitalizing on niche market opportunities. The 4.21% CAGR projected through 2033 indicates sustained growth potential, fueled by continuous infrastructure development and government initiatives promoting real estate investment. However, potential challenges include fluctuating economic conditions, regulatory changes impacting property transactions, and competition from emerging online platforms. The continued expansion of the Asia-Pacific real estate market is fueled by strong economic growth in several key regions. The increasing demand for both residential and commercial properties, coupled with the rise of proptech and the adoption of innovative technologies by brokerage firms, contribute to the market's dynamism. While established players continue to dominate the market landscape, the presence of smaller, localized firms and the emergence of online platforms creates a competitive environment fostering innovation and efficiency. Government policies and infrastructure development further support growth, although potential macroeconomic risks and regulatory uncertainty need consideration for accurate market projections. Careful market segmentation analysis, considering factors like property type, service offered, and geographic location, is critical for successful investment and strategic planning within this expanding sector. Recent developments include: June 2024: Knight Frank, a prominent global property consultancy, in collaboration with Bayleys, New Zealand's premier full-service real estate firm, successfully acquired McGrath Limited, a key player in the Australian residential real estate market. This acquisition, achieved through a controlling stake purchase via a scheme of arrangement, marks a significant milestone for both entities., June 2024: REA Group disclosed its complete acquisition of Realtair, an Australian proptech firm. In 2020, REA Group made an initial investment in Realtair, securing a 37% stake in the company. This acquisition is set to bolster REA Group's agency services strategy, ensuring customers have access to top-tier digital tools at every stage of their property transactions.. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Notable trends are: Demand for Residential Segment Driving the Market.

The Asia Pacific office real estate market is experiencing robust growth, driven by rapid urbanization, expanding economies, and a burgeoning technology sector across key markets like China, Japan, India, and Australia. The market's Compound Annual Growth Rate (CAGR) exceeding 10% from 2019-2024 signifies significant investor interest and strong demand for office spaces. Factors such as increasing foreign direct investment, the rise of shared workspaces and flexible office solutions, and the ongoing demand from established corporations contribute to this positive outlook. While regulatory changes and economic fluctuations could pose potential restraints, the long-term forecast remains optimistic, predicting continued expansion through 2033. Strong growth is anticipated in countries experiencing rapid economic development and technological advancements, alongside established markets with robust infrastructure. The market segmentation reveals considerable activity in both production and consumption, with import and export analyses showcasing the interconnectedness of the regional market. Price trends suggest a generally upward trajectory, reflective of the strong demand and limited supply in key areas. Major players like Mitsubishi Estate Company, Cushman & Wakefield, and others are actively shaping the market landscape through developments and investment strategies. The competitive landscape is characterized by a mix of international and local players, each with unique strategies to cater to diverse market needs. The significant presence of multinational corporations in the region necessitates the provision of high-quality, modern office spaces that meet their operational requirements. Technological advancements are also influencing the design and functionality of office spaces, creating opportunities for specialized developers and service providers. The increasing adoption of sustainable building practices and smart office technologies further underscores the market's dynamic nature. While challenges such as geopolitical uncertainty and potential economic slowdowns exist, the long-term growth trajectory of the Asia Pacific office real estate market remains strong, supported by underlying fundamentals of economic development and population growth. Data suggests that the market's value is expected to continue its upward trend for the foreseeable future. Recent developments include: February 2022 - Real estate firm Hulic and Japan Excellent executed a purchase agreement to exchange trust beneficiary rights in the Shintomicho Building for JPY 3.1 billion (USD 25.4 million). Japan Excellent mostly invests in office buildings in Tokyo. Two phases will be involved in the transfer of the Trust Beneficiary Rights in the Shintomicho Building: the first phase will involve the transfer of 40% ownership for JPY 1,24 billion (USD 10.1 million), and the second phase will involve the transfer of the remaining 60% ownership for JPY 1.86 billion (USD 15.3 million)., July 2022 - Tech giant Google leased 1.3 million sq. ft of office space in Bengaluru, India, marking one of the largest office lease transactions in the country since the pandemic began.. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Rise in Demand for Coworking Spaces.

The Asia-Pacific Real Estate Brokerage Market Report is Segmented by Type (Residential and Non-Residential), Service (Sales and Rental), and Country (Australia, China, India, Indonesia, Japan, Malaysia, Thailand, and Vietnam). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The Asia Pacific office real estate market, encompassing major economies like China, Japan, South Korea, India, and Australia, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 10% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the burgeoning technology sector and increasing foreign direct investment in many APAC nations fuel demand for modern, high-quality office spaces. Secondly, urbanization and a growing middle class are contributing to increased business activity and a need for larger and more sophisticated office infrastructure, particularly in rapidly developing cities across the region. Thirdly, evolving work styles, although potentially impacting short-term trends, are likely to lead to long-term demand for flexible and adaptable office spaces, triggering renovations and new construction projects. However, the market is not without challenges. Economic uncertainty in some regions and rising interest rates could potentially dampen investment and slow down growth in certain segments. Furthermore, the availability of skilled labor and the ongoing impact of geopolitical events could influence the market's trajectory. The market is segmented by country, with China and India expected to remain dominant drivers of growth given their vast populations and economic expansion. Japan and South Korea, despite experiencing slower growth comparatively, represent significant markets with established infrastructure and robust corporate sectors. Australia and Southeast Asian nations (Singapore, Malaysia, etc.) also contribute substantially, driven by their attractiveness to foreign investment and regional economic strength. The analysis considers production, consumption, import, and export dynamics within the Asia Pacific region, providing a comprehensive understanding of market flows. Key players like Colliers, Cushman & Wakefield, JLL, CBRE, CDL, Frasers Property, and others are competing fiercely for market share, driving innovation and shaping market trends. Price trends will fluctuate based on location, demand, and market conditions, necessitating continuous monitoring to assess the long-term market value. Recent developments include: February 2022 - Real estate firm Hulic and Japan Excellent executed a purchase agreement to exchange trust beneficiary rights in the Shintomicho Building for JPY 3.1 billion (USD 25.4 million). Japan Excellent mostly invests in office buildings in Tokyo. Two phases will be involved in the transfer of the Trust Beneficiary Rights in the Shintomicho Building: the first phase will involve the transfer of 40% ownership for JPY 1,24 billion (USD 10.1 million), and the second phase will involve the transfer of the remaining 60% ownership for JPY 1.86 billion (USD 15.3 million)., July 2022 - Tech giant Google leased 1.3 million sq. ft of office space in Bengaluru, India, marking one of the largest office lease transactions in the country since the pandemic began.. Notable trends are: Rise in Demand for Coworking Spaces.

The office segment is experiencing strong growth as businesses expand their operations and seek modern and efficient workspaces. Retail spaces continue to attract tenants due to increasing consumer spending and the growth of e-commerce platforms. Hotels and hospitality properties are expected to benefit from the growing tourism industry in the region. Recent developments include: June 2023: Prologis, Inc. said that it has paid $3.1 billion to opportunistic real estate funds associated with Blackstone to acquire industrial buildings spanning roughly 14 million square feet., March 2023: the manager of Link Real Estate Investment Trust, Link Asset Management Limited, has announced that it has successfully completed the purchase of two suburban retail properties in Singapore.. Key drivers for this market are: THE RISING NUMBER OF RESIDENTIAL AND COMMERCIAL PROJECTS, INCREASING DEMAND FROM END-USER INDUSTRIES; DRIVER IMPACT ANALYSIS. Potential restraints include: INCREASING ADOPTION OF SUBSTITUTE, RESTRAINT IMPACT ANALYSIS.

Explore the dynamic Asia-Pacific Real Estate Brokerage Market, projected to reach USD 368.41 million with a 4.21% CAGR. Discover key drivers, trends, and regional insights for residential & non-residential sectors. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Notable trends are: Demand for Residential Segment Driving the Market.

As of March 2025, traditional logistics facilities in Mumbai, India, had a median cap rate of around 8.33 percent. In comparison, the cap rate of traditional logistics facilities in Taipei was approximately 3.68 percent as of March 2025.

As of June 6, 2025, Goodman Group in Australia was the largest listed real estate company in the Asia-Pacific region, with a market capitalization of approximately **** billion U.S. dollars. Sun Hung Kai Properties Limited - a real estate investment and services company in Hong Kong ranked second, with a market capitalization of around **** billion U.S. dollars.

USD 127.4 Billion in 2024; projected USD 221.91 Billion by 2033; CAGR 6.42%.

Booming Asia-Pacific condominium & apartment market analysis reveals a CAGR exceeding 7.8% through 2033. Discover key drivers, trends, and leading developers shaping this lucrative real estate sector. Explore regional breakdowns and market forecasts. Recent developments include: October 2022: The USD 280 million Gold Coast condo development in Australia is a collaboration between Banda, a development and design studio founded by Princess Beatrice's husband, Edo Mapelli Mozzi, and Australian real estate expert Rory O'Brien. The new development will provide the most luxurious condos in the area. Banda Design Studio will create 28 units: 20 residences, five sky homes, two duplex sub-penthouses, and a super-penthouse., March 2022: Goldman Sachs may collaborate with trading firm Sojitz to acquire and renovate older apartments that would otherwise go unnoticed by real estate investors. By the summer, they plan to form a joint venture to focus on rental housing in major Japanese cities. Properties that have been improved will be sold in batches to financial institutions and investment funds. The partners intend to invest JPY 40-50 billion (USD 323-405 million) in the company each year.. Key drivers for this market are: Government Investments in Infrastructure, Global Urbanization; Growth in International Trade and Logistics; Aging Infrastructure. Potential restraints include: Funding Constraints, Skilled labor shortages; Land Acquisition and Right-of-Way Issues. Notable trends are: Increase in Demand for Rental Properties.

Asia Pacific Real Estate Services market USD 23058.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. Rapid urbanization, rising middle-class income, and increasing demand for residential, commercial, and industrial properties is expected to aid the sales to USD 37334.6 million by 2031

China's commercial real estate market at the end of 2024 was worth almost as much as the rest of Asia-Pacific combined. As of the last month of 2024, the value of commercial real estate in China was estimated at *** trillion U.S. dollars. In Japan, this figure stood at about *** trillion U.S. dollars.

Asia Pacific Logistics Real Estate Market valued at USD 180 billion, driven by e-commerce growth, urbanization, and infrastructure investments for efficient supply chains.

According to a survey among real estate industry experts in 2024, Tokyo would have the best investment prospects among Asia-Pacific cities in 2025, with an index score of ****. Osaka followed, with an index score of ****.

Discover the booming global real estate services market! This comprehensive analysis reveals a $5 trillion market in 2025, projected to reach $9 trillion by 2033 with a 7% CAGR. Explore key drivers, trends, and regional breakdowns, including North America, Europe, and Asia-Pacific. Learn about leading companies and market segmentation impacting residential and commercial real estate.

The Asia Pacific Commercial Real Estate market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

USD 220.22 Billion in 2024; projected USD 325.9 Billion by 2033; CAGR 4.42%.