DWS Sees Positive Asia-Pacific Real Estate Outlook for 2026

Asia-Pacific real estate outlook 2026 is positive, according to German asset manager DWS, which cited a rebound in regional investment volumes, easing monetary conditions and generally firm rental growth.

DWS said markets now expect policy rates in Australia and South Korea to ease a further 25–30 basis points by end-2026, while the Bank of Japan could continue normalising policy with a small hike toward 1% within six to 12 months.

High construction costs are constraining new supply, tightening vacancies in core locations and improving entry points for prime logistics and office assets in Australia, Japan, South Korea and Singapore.

DWS also highlighted the underinvested living sector, pointing to Australia’s built-to-rent market and Japan multi-family apartments, while inbound tourism continues to support Japan’s hotel and alternative housing demand, reinforcing the Asia-Pacific real estate outlook 2026.