Cross-border investment in Asia-Pacific reached USD36.3bn in Q3 2024, reflecting a 15.7% year-on-year increase, according to Knight Frank's latest report. Total cross-border investment for the year is projected to grow 50%, reaching approximately USD48bn by year-end, its highest in two years. Asia-Pacific's market continues to outperform globally, where cross-border transactions saw a slight 1.3% decline to USD95.1bn year-to-Q3. Data centres led investments, capturing 46% of the capital, driven by the region’s advancements in AI and cloud computing. The office sector attracted USD7.3bn, with notable acquisitions including Mapletree Anson in Singapore. Industrial assets secured USD6.5bn, despite a year-on-year decline. Investor confidence remains strong, with Q4 expected to contribute USD9-10bn.