Corporate real estate disposals in APAC hit a record USD44.4b in 2021

Around 73% of corporate sales activity in the region involved disposals.

Following a steady flow of sales in 2020, a CBRE report says corporates across Asia Pacific increased their real estate disposal activity in 2021. 

According to data from CBRE, 762 deals worth a combined total of US$44.4 billion were completed as sellers capitalised on strong pricing to offload assets. 

Here’s more from CBRE:

Pandemic accelerates selling activity 

While pandemic-related uncertainty led to Asia Pacific commercial real estate investment volume falling by 6.5% y-o-y in 2020, corporate sales activity accelerated by 53% y-o-y over the same period, with strong momentum continuing into 2021. 

This was mainly due to the pandemic prompting many corporates to strengthen their balance sheets in response to the significant disruption caused to their businesses by lockdowns and other measures to contain the spread of COVID-19. 

Motivation for disposals differs compared to that for sale leasebacks 

Around 73% of corporate sales activity in Asia Pacific in 2021 involved disposals (owner vacating). Deals generally saw corporates disposing of older assets that nevertheless commanded strong pricing thanks to upbeat market conditions, with buyers mostly investors undertaking value-add or development/opportunistic strategies. 

Sale leaseback deals accounted for the remaining 27% of corporate sales in 2021, with companies adopting this strategy motivated by a need to enhance their balance sheet and reinvest into their core business. The buying parties in sale leaseback transactions were predominantly core funds and institutional investors.


Follow the link for more news on

Join Realestate Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!