Many of the challenges facing the US real estate market mirror those seen in the Asia-Pacific region.

https://www.afire.org/podcast/202412cast/

So as investors are planning for the rest of the year, it’s the perfect time to speak with Simon Treacy of Singapore’s CapitaLand Investment, which manages properties in more than 40 countries.

Treacy is the CEO of CapitaLand’s Private Equity Real Estate, Real Assets division, and says “The world is pretty much synchronized now. The same discussions you’re having in the US—we’re having in most markets around Asia.”

On tap: What are Treacy’s predictions for the rest of 2024? What’s in store for valuations? How will changing interest rates affect global property markets? And are we finally going to see a breakthrough from a sluggish market to something that’s a little more active?

Plus: Lessons for the US market from an Asian perspective. “We are starting to see [that] we’re coming towards the end game of the interest rate cycle,” Treacy says. “And as a consequence of that, we’re just starting to see transactions click up a little bit more.”