APAC REIT Industry Market Size (2024 - 2029)

The APAC REIT market is experiencing significant growth, driven by increasing investor interest in diversified real estate opportunities across the region. Despite the limited number of countries offering REITs, the market's expansion is notable, with regulations in places like Singapore, Japan, and Hong Kong facilitating this growth. The market's size is poised to increase as more Asian countries prepare to introduce their own REIT frameworks, enhancing investment options for global investors and reflecting the region's substantial share of the global real estate market.

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Market Size of APAC REIT Industry

APAC REIT Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 309.06 Billion
Market Size (2029) USD 424.23 Billion
CAGR (2024 - 2029) 8.24 %
Market Concentration Medium

Major Players

APAC REIT Market Major Players

*Disclaimer: Major Players sorted in no particular order

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APAC REIT Market Analysis

The APAC REIT Industry is expected to grow from USD 309.06 billion in 2024 to USD 424.23 billion by 2029, at a CAGR of 8.24% during the forecast period (2024-2029).

Asia-Pacific real estate investment trusts have become increasingly popular with investors. Asia-Pacific REITs are offering unique, diversified opportunities set across real-estate segments, from established Grade-A office space located in the region’s bustling cities to cutting-edge logistical facilities and the growing number of data centers that power cloud applications.

The choice for global REIT investors is limited to Australia, Japan, Singapore, and Hong Kong despite the fact that there are many countries in the region to incorporate the REIT approach. Yet, only one or a few listings are seen. And that is ironic, given Asia-Pacific represents such a sizeable chunk of the global real estate market. REITs are getting bigger in terms of market capital, while developers are getting smaller. It is important to note that the Asia-Pacific REIT universe has expanded over the past decade since Singapore, Japan, and Hong Kong began rolling out regulations.

With newly emerging markets joining the world of listed REITs, global investors have more choices of where to invest. More Asian countries are planning to roll out their versions of REITs in the coming months after taking more than a decade to finally embrace the concept of securitizing real estate.

APAC REIT Industry Segmentation

A real estate investment trust (REIT) is a publicly traded company that owns, operates, or finances income-producing properties. An understanding of the Asia Pacific REIT industry, regulatory environment, REITs, and their business models, along with detailed market segmentation, product types, revenues and dividends, current market trends, changes in market dynamics, and growth opportunities, are covered in the report. An in-depth analysis of the market size and forecast for the various segments is also provided in the report. 

The Asia-Pacific REIT industry is segmented by type, application, and country. By type, the market is segmented as industrial, residential, and commercial. By application, the market is segmented as warehouses and communication centers, self-storage facilities, and data centers, among others. By country, the market is segmented as China, Australia, Japan, India, Singapore, South Korea, Malaysia, and the rest of Asia-Pacific.

The report offers market size and forecasts for the Asia-Pacific REIT industry in value (USD) for all the above segments.

By Type
Industrial
Commercial
Residential
By Application
Warehouses and communication centers
Self-storage facilities and data centers
Other Applications
By Geography
China
Australia
Japan
India
Singapore
South Korea
Malaysia
Rest of Asia-Pacific
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APAC REIT Industry Size Summary

The Asia-Pacific REIT market is experiencing significant growth, driven by the increasing popularity of real estate investment trusts among global investors. This market offers diverse opportunities across various real estate segments, including prime office spaces, logistical facilities, and data centers. Despite the vast potential, the REIT landscape in the region is primarily concentrated in Australia, Japan, Singapore, and Hong Kong, with these countries leading the way in market capitalization. The expansion of the REIT sector in Asia-Pacific is supported by regulatory advancements in Singapore, Japan, and Hong Kong, which have facilitated the growth of this investment vehicle over the past decade. As more countries in the region adopt REIT frameworks, global investors are presented with a broader array of investment options.

The economic growth in Asia-Pacific countries, such as China, India, Japan, and South Korea, has led to an increase in disposable income and the emergence of a substantial middle class. This economic expansion has spurred interest in the REIT market, as more individuals seek investment opportunities. Japan boasts the largest REIT market in the region, with a significant presence on the S&P ASX 300 REITs index, while Australia and Singapore follow as prominent markets. The Asia-Pacific REIT market is characterized by fragmentation, with a few major players like Link REIT, Dexus, Stockland, Mirvac, and GPT dominating the market share. Recent strategic moves, such as the partnership between Brookfield India Real Estate Investment Trust and GIC, highlight the ongoing expansion and investment activities within the sector.

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APAC REIT Industry Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Urbanization is Driving the Market

    3. 1.3 Market Restraints

      1. 1.3.1 Interest Rate Volatilities are Restraining the Market

    4. 1.4 Market Opportunities

      1. 1.4.1 Growing E-Commerce will Create Opportunities for New Entrants

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Insights on Regulatory Changes Shaping the Market

    7. 1.7 Industry Attractiveness: Porter's Five Forces Analysis

      1. 1.7.1 Bargaining Power of Suppliers

      2. 1.7.2 Bargaining Power of Buyers/Consumers

      3. 1.7.3 Threat of New Entrants

      4. 1.7.4 Threat of Substitute Products

      5. 1.7.5 Intensity of Competitive Rivalry

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Industrial

      2. 2.1.2 Commercial

      3. 2.1.3 Residential

    2. 2.2 By Application

      1. 2.2.1 Warehouses and communication centers

      2. 2.2.2 Self-storage facilities and data centers

      3. 2.2.3 Other Applications

    3. 2.3 By Geography

      1. 2.3.1 China

      2. 2.3.2 Australia

      3. 2.3.3 Japan

      4. 2.3.4 India

      5. 2.3.5 Singapore

      6. 2.3.6 South Korea

      7. 2.3.7 Malaysia

      8. 2.3.8 Rest of Asia-Pacific

APAC REIT Industry Market Size FAQs

The APAC REIT Industry size is expected to reach USD 309.06 billion in 2024 and grow at a CAGR of 8.24% to reach USD 424.23 billion by 2029.

In 2024, the APAC REIT Industry size is expected to reach USD 309.06 billion.

APAC REIT Market Report Snapshots

APAC REIT Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)