# Asia Pacific commercial property investment tops US$105b in H1

- **Source:** Real Estate Asia
- **Published:** 2026-08-03T23:47:20.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-other/in-focus/asia-pacific-commercial-property-investment-tops-us105b-in-h1
- **Topics:** Transactions & Deals, Investment & Capital Markets, Regional Markets

## Featured rationale

Overseas buyers' 35.9% acquisition share signals renewed cross-border confidence, potentially improving regional liquidity while capital remains selective toward assets with resilient fundamentals.

## AI summary

Asia Pacific commercial property investment reached US$105 billion in H1 2026, its strongest first-half result since 2022, with offices attracting US$40.2 billion.

## Original article

This is the strongest first half result since 2022.

Asia Pacific's commercial real estate market recorded its strongest first half since 2022, with investment volumes reaching US$105 billion in H1 2026, according to Colliers.

In its latest Asia Pacific Capital Markets Snapshot H1 2026, based on MSCI Real Capital Analytics data, Colliers said the result reflected renewed cross-border investment and stronger capital deployment across a broad range of markets and property sectors, signalling growing confidence in the region's liquidity, transparency and long-term growth prospects.

Japan attracted US$25.3 billion in investment during the first six months of the year, while Australia recorded US$15.8 billion. Singapore was the standout performer, with US$14.1 billion in transactions, already surpassing its full-year 2025 total. China also remained a major contributor, recording US$27.5 billion in transactions, although Colliers noted activity there continued to be dominated by domestic investors while foreign owners remained focused on divestments.

"The first half of 2026 marks an important turning point for Asia Pacific real estate investment," Theo Novak, managing director, capital markets Asia Pacific at Colliers, said. He said investors were increasingly confident in the region's ability to deliver liquidity, transparency and sustainable growth, with capital flowing back into traditional sectors including office, retail and industrial, alongside structural growth areas such as data centres.

Office assets attracted the largest share of investment at US$40.2 billion, followed by retail at US$26.7 billion and industrial at US$22.8 billion. Data centres attracted US$6.7 billion year to date, highlighting continued investor interest in technology-driven real estate themes.

According to Colliers, overseas buyers accounted for 35.9% of acquisitions across Asia Pacific in H1 2026, up from 26.0% in 2023, with cross-border buyers exceeding sellers to become net purchasers of regional real estate.

Novak said the return of international capital, led by major institutional investors and private equity groups, was once again playing a pivotal role in shaping market activity across Asia Pacific.

Commenting on Indonesia, Mike Broomell, managing director of Colliers Indonesia, said H1 2026 demonstrated that capital remained available for large Indonesian assets with strong fundamentals. He said investment activity was expected to broaden in the second half, although buyers would remain selective, favouring prime office assets, healthcare property and investments offering resilient income and strong operating credentials.

Colliers said it had advised on several major transactions across the region during 2026, including the sale of St Ives Shopping Village in Australia for US$310 million, the approximately US$339 million PwC Tower transaction in Auckland, the sale of The Robertson House in Singapore for US$280 million, four South Korean transactions totalling US$675 million, and Northern Taiwan's largest industrial land transaction in more than two decades.

## Chinese translation

> Translation model: grok_cli

### 亚太区商业地产投资额上半年突破1050亿美元

据高力国际称，亚太区商业房地产市场录得自2022年以来最强劲的上半年表现，2026年上半年投资额达1050亿美元

这是自2022年以来最强劲的上半年成绩。

据高力国际（Colliers）称，亚太区商业房地产市场录得自2022年以来最强劲的上半年表现，2026年上半年投资额达1050亿美元。

在其基于MSCI Real Capital Analytics数据编制的最新《亚太资本市场快报 H1 2026》中，高力国际表示，该成绩反映了跨境投资回暖以及资本在广泛市场与物业板块中更强劲的部署，显示出市场对该地区流动性、透明度及长期增长前景的信心上升。

日本在今年前六个月吸引了253亿美元投资，澳大利亚录得158亿美元。新加坡表现尤为突出，交易额达141亿美元，已超过其2025年全年总额。中国仍是重要贡献者，录得275亿美元交易额，不过高力国际指出，当地活动仍以国内投资者为主，而外资业主则继续聚焦于资产退出。

高力国际亚太区资本市场董事总经理Theo Novak表示：“2026年上半年标志着亚太房地产投资的一个重要转折点。”他称，投资者日益看好该地区提供流动性、透明度与可持续增长的能力，资本正在回流至写字楼、零售和工业等传统板块，以及数据中心等结构性增长领域。

写字楼资产吸引的投资份额最大，达402亿美元，其次是零售业的267亿美元和工业的228亿美元。数据中心年初至今吸引67亿美元，凸显投资者对科技驱动型房地产主题的持续兴趣。

据高力国际称，2026年上半年海外买家占亚太区收购交易的35.9%，高于2023年的26.0%；跨境买家已超过卖家，成为区域房地产的净买入方。

Novak表示，以大型机构投资者和私募股权集团为首的国际资本回流，再次在塑造亚太区市场活动中发挥关键作用。

就印尼市场，高力国际印尼董事总经理Mike Broomell表示，2026年上半年表明，基本面强劲的大型印尼资产仍可获得资本。他预计下半年投资活动将进一步拓宽，但买家仍将保持选择性，偏好优质写字楼资产、医疗物业，以及能提供稳健收入与强大运营资质的投资项目。

高力国际称，其在2026年期间为区域内多笔重大交易提供了顾问服务，包括澳大利亚St Ives Shopping Village以3.10亿美元售出、奥克兰PwC Tower约3.39亿美元的交易、新加坡The Robertson House以2.80亿美元售出、韩国四笔交易合计6.75亿美元，以及北台湾二十多年来最大规模的工业用地交易。