Australia And New Zealand Lead Asia Pacific In Attracting Real Estate Investment

Australasian cities are punching above their weight to attract the highest proportion of real estate investment in Asia Pacific, according to JLL’s Investment Intensity Index.

Sydney and Auckland take the top two spots, followed by Melbourne and Brisbane with Tokyo rounding out the top five.

The report, which compares the volume of direct real estate investment over a three-year period relative to the economic size of a city, reveals that four out of the top five cities in the rankings are in Australasia. Sydney and Auckland take the top two spots, followed by Melbourne and Brisbane with Tokyo rounding out the top five.

“Australia and New Zealand are well represented in our Investment Intensity Index, as they are the most transparent real estate markets in Asia Pacific, due to attributes such as good market data availability, fair transaction processes, high standards of regulatory, accounting and corporate governance,” says Dr. Megan Walters, Head of Research, Asia Pacific Capital Markets.

“In addition, prime office yields in Adelaide, Perth, Auckland and Brisbane ranged between 7 and 8 percent, the highest among the top ten, making these highly attractive to investors,” says Myles Huang, Research Director, Asia Pacific Capital Markets.

Tokyo attracts the highest volume of annual direct real estate investment in the region atUS$21.9 billion. However, as a proportion of city Gross Domestic Product (GDP) this represents 8 percent as opposed to 13 percent for Sydney.

The report shows that cross border investment has played a key role in pushing Australasian cities to the top of the table. Dr. Walters says, “The share of cross-border investment is above the regional average in most cities in Australia, New Zealand, together with Tokyo, as they have few government restrictions relating to foreigners buying assets.”

On average, commercial real estate assets worth 10 percent of city GDP change hands every three years, according to the report.

Aside from Tokyo, the other Asian cities in the top 10 are Hong Kong, Taipei and Singapore.

Top ten Asia Pacific cities in JLL’s Investment Intensity Index

1)      Sydney

2)      Auckland

3)      Melbourne

4)      Brisbane

5)      Tokyo

6)      Hong Kong

7)      Taipei

8)      Singapore

9)      Adelaide

10)    Perth



Top stories from across the globe

  • The Future of Banking: Truth is Rarely Pure and Never Simple
  • Top Money Manager: «We Avoid Tesla Because of Elon Musk»
  • 1MDB and the Affected Banks: 100 Headlines
  • The Man Who Turned Down Marilyn Monroe
  • The Seven Conditions for Good Succession
  • The (Slow) Death of U.K. Investment Banks

PHOTO GALLERIES Networking Event Networking Event

Show pictures

stars China Symposium 2016

stars China Symposium 2016

Show pictures

Compare my salary

Compare my salary

Feeling Underpaid? Benchmark your salary by job title, company and location. Find out where you stand in minutes.

compare my salary


Newsletter-SymbolFree Subscription

Subscribe to our free newsletter and receive daily email alerts from the finews editorial team with a list of the top featured articles.

Share with us

Do you have any market intelligence to share with – email us on – All communication is completely confidential and strictly anonymous.