Global commercial real estate services firm JLL said real estate investment volumes in Asia Pacific will continue to decline by 5% to 10% in 2023 due to tumultuous economic and financing conditions. In a statement, JLL, however, said that certain segments will continue to see investor interest. Hotels and hospitality assets will see capital flows rising 6% next year, after a 10-15% growth this year amid border reopenings. Data centres, logistics, multifamily, and greenfield projects in emerging markets, such as India and Southeast Asia, may benefit from structural tailwinds, JLL added. It also expects Japan to be the most attractive investment destination due to a weak yen and the country’s low interest rates.