Investment activity weakened in Q1 2019 amid growing economic uncertainty. Transaction volume registered US$26.3 billion, a decline of 4.5% y-o-y.
China saw an uptick in activity, led by a series of transactions completed by overseas buyers. Korea continued to see sustained purchasing, driven by local securities firms engaging in big-ticket deals.
Cross-border investment rose by 8.9% y-o-y to US$6.3 billion on the back of increased intra-regional investment by Asian buyers. Hong Kong and Singaporean capital was especially active in China.
Private equity real estate fundraising remained active, particularly among Asian capital. The period saw continued fundraising from pan-regional funds targeting opportunities in China, Japan and Korea.