JLL remained the top real estate investment advisory firm in Asia Pacific during 2013, according to Real Capital Analytics (RCA).
The consultancy also ranked number one in the office, industrial, hotel and retail sectors. Last year, JLL’s capital markets team advised on over US$21.5 billion of commercial property investment transactions in Asia Pacific, which translates to 36 percent of regional market share.
Over the past year JLL has added 15 regional experts to meet the rising demand from cross border investors, with 2013 being a record year for direct commercial property investment in Asia Pacific.
Stuart Crow, Head of Asia Pacific Capital Markets at JLL said, “We expect investor interest in 2014 to be even greater than last year; there is a significant continued demand for prime assets in core markets across Asia Pacific, as investors from around the world look to expand their real estate portfolios.”
JLL has been in overall first place in the region since RCA began releasing data back in 2011.
“We continue to support the RCA ranking as the definitive industry standard which, since starting three years ago, has helped increase transparency in real estate markets across the world,” Crow added.
RCA is an independent data and analytics company which monitors real estate transaction volumes around the world.
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
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