Asia Pacific’s real estate market posted its strongest first half since 2022, with investment activity rising to U$105 billion in H1 2026, driven by the return of cross-border capital and broad-based investor interest across markets and asset classes.
According to Colliers’ Asia Pacific Capital Markets Snapshot H1 2026, the rebound reflects renewed confidence in the region’s liquidity, transparency and long-term growth prospects.
Office assets continue to lead
Office assets remained the largest investment segment, attracting $40.2 billion during H1 2026. Retail and industrial assets followed with investments of $26.7 billion and $22.8 billion, respectively, while data centres emerged as a fast-growing institutional asset class with $6.7 billion in investments.
“Office assets continue to attract significant investor interest, supported by broadening demand across occupier segments and strong traction in GCC space uptake.
In India, the office segment accounted for over 40% of overall real estate investments during H1 2026, primarily led by domestic investors. The segment is expected to remain the key growth driver, supported by strong demand and the increasing prominence of office REITs,” said Colliers India CEO & Managing Director Badal Yagnik.
India Sees Strong Domestic Participation
Since 2022, India’s office segment has attracted nearly $14 billion in investments, accounting for 40-50% of annual real estate capital deployment.
Investors are also increasing exposure to mixed-use developments and alternative assets alongside traditional sectors.
Domestic investors drove India’s real estate market in H1 2026, with capital deployment rising 80% year-on-year to account for about 57% of total investments. Foreign inflows also increased 24% year-on-year, contributing the remaining 43%.
Major APAC Markets Dominate
China and Japan each attracted more than $25 billion in investments during H1 2026, while Australia recorded $15.8 billion. Singapore emerged as another standout market with $14.1 billion in transactions, surpassing its full-year 2025 total.
“The first half of 2026 marks an important turning point for Asia Pacific real estate investment. Capital is increasingly returning to traditional sectors such as office, retail and industrial while investors continue to target structural growth themes including data centres,” said Colliers Asia Pacific Managing Director, Capital Markets Theo Novak.