Although 2016 has been a year of global uncertainty, marked by a spring of nationalist-populist and far-right ideologies dawning on both sides of the Atlantic, real estate markets in Asia-Pacific remained relatively robust. Investors around the region are still, and will still, allocate capital to real estate.

“There has been a lot of capital around in 2016, with new investors attracted to Asia whether they are large sovereign funds, pension funds or Chinese insurance companies,” said Stuart Crow, Jones Lang LaSalle’s head of Asia Pacific Capital Markets.

“The outperformance of capital values compared with rents has pushed core yields to new lows in many markets across Asia Pacific,” said Dr Megan Walters, head of research at JLL Asia Pacific.

But the overall commercial real estate investment market should remain stable in 2017, as we expect continued institutional appetite for real estate in the region but an ongoing shortage of stock.