EXECUTIVE SUMMARY

• Debt transparency key for developing greater understanding of commercial real estate market dynamics

• Current cost of debt in Asia Pacific remains at 5 year lows. This has the potential to translate into additional debt accumulation in the real estate market

• Debt remains deeply opaque in many otherwise transparent markets. There is a lack of available data on debt lent against commercial real estate – an area that could be addressed by industry bodies as part of a wider push for data transparency in real estate markets.