A better balance between investment and occupier demand was the defining feature of Asia Pacific property markets in 2014. Capital flows continued to increase however positive signs began to emerge in the occupier markets, a fundamental factor that has been missing in most markets for some time.

Chinese investment continues to dominate headlines and is emerging as a major source of outbound capital, targeting all regions across Asia Pacific, however, Singapore remains the dominant player. Another key theme for 2015 will be an increase in real-estate transactions in Asia, driven by greater supply that is finally starting to meet strong investment demand.

Beyond market dynamics, structural change and technology will continue to disrupt the property industry across all sectors in the region from online retailing, to changes to the efficiency of logistics facilities. A growing move to target non-core assets is also likely as competition for core intensifies and investors search for higher yields.