In the second quarter, Japan and Australia led Asia Pacific property investment momentum.

Despite a 21 percent year-on-year decline in investment turnover compared to a strong 2014, CBRE reports that investment in Asia's property sector grew 12 percent quarter-on-quarter in Q2 2015 to US$21 billion. اعلانات

Cross-border transactions increased 31% to US$7 billion from the same period last year, while cross-border investment sentiment remained strong during the period, with a rise in inquiries and transactions in tier-one cities such as Shanghai in China. Despite short-term investor worries, the Greek debt crisis and China's stock market instability are unlikely to have long-term consequences for the Asia Pacific real estate market.

Ada Choi, Senior Director of Asia Pacific Research at CBRE, said, "Despite the low interest rate setting, the Asia Pacific investment environment suffered this quarter from a persistent shortage of investible stock and firm pricing by landlords. Despite the fact that these factors have largely moderated capital flow in the area, overall transaction volumes have improved from the previous quarter. Institutional investors, meanwhile, have been seen engaging in major cross-border trade. Three major transactions were completed in three separate markets—Singapore, Hong Kong, and Australia—across a range of asset classes such as workplace, hospitality, and developments—reinforcing broad institutional players' positive sentiment in the region's long-term investment potential.

Interest rate cuts in five major Asia Pacific markets, as well as the region's weaker currencies, are expected to draw more foreign and US dollar-denominated capital seeking lucrative opportunities, while currency volatility would be moderated in the coming years, boosting international investor trust even more. Furthermore, we saw active fund raising by seasoned fund managers, with good closings by managers indicating strong investor demand. Over the course of 2015 and well into 2016, effective fundraising, combined with continued capital disposals from fund expirations, would result in a steady stream of capital deployment."

Other notable APAC investment highlights include: For the year, Japan and Australia led investment momentum. China, which saw improved investor sentiment in Q2 2015, saw increased activity, while private equity funds in India saw increased interest.

Large institutional investors, especially Middle Eastern sovereign wealth funds, dominated cross-border acquisitions in the area. The Abu Dhabi Investment Authority (ADIA) and the Qatar Investment Authority (QIA) concluded three large transactions totaling more than US$4 billion.

The hotel industry had a good quarter, with investment volume reaching more than $5 billion. Due to strong tourist spending in these markets, hospitality assets in Japan and Australia were in high demand.

The price gap between vendors and buyers, as well as intense competition for properties, could affect investment activity. While the China stock market rout is not expected to have a significant effect on real estate investment in the area, it could trigger short-term delays in decision-making and purchasing activities by commercial investors.