Price expectation gap holds back investment transactions
Real estate investment transaction volume in Q2 witnessed a drop of -68% YoY. H1 activity was dominated by local investors, but some developers have acted to dispose of assets to increase their liquidity, boosting buying power in support of upcoming development strategies.
Highlights:
- The current market is experiencing a pricing dislocation, but it’s expected to narrow towards the end of the year.
- Acquisition opportunities remain in neighborhood malls and hospitality assets.