Asia-Pacific properties set to steal spotlight as mega-deals return in the Year of the Horse
Large institutional capital is flowing back into Asia-Pacific property, with offices, retail and hotels leading early recovery signs

As Hong Kong, mainland China and several other Asian markets usher in the Year of the Horse on Tuesday, the region’s commercial real estate sector is expected to draw increased cross-border capital, with certain segments set to outperform as mega-deals make a comeback, analysts said.
Asia-Pacific was set to be a focus among global investors, with data cited by global commercial real estate consultancy Colliers showing that capital raised for the region’s property markets had surged by 130 per cent since 2024.
This capital accounted for 11 per cent of global fundraising in the first three quarters of 2025, higher than the 6 per cent at the end of 2024 – a sign that more funds were likely to be deployed in the region, the consultancy noted.
The anticipated rise in capital allocation followed a year of steady investment activity.
Total commercial property investment reached US$182.9 billion in 2025, broadly in line with 2024 levels, according to global index and investment analytics provider MSCI.
“Volatility and uncertainty post-pandemic have stabilised, providing investors greater confidence in a market recovery,” said Theo Novak, managing director of capital markets and investment services in Asia-Pacific at Colliers.