【World Property Journal】Asia Pacific Commercial Investment Dips 29 Percent as Economic Storm Clouds Gather Worldwide

According to JLL's recently released Asia Pacific Capital Tracker for the third quarter of 2022, commercial investment volumes declined by 29% year-on-year in the third quarter of 2022, reaching $28 billion. This was due to a combination of fewer trades in major markets, rapid currency depreciation against the US dollar and the rising cost of debt sparked by an aggressive tightening of interest rates in the US.

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