Last year was a bumper one for Asia’s commercial real estate investment market. According to a report published by JLL last week, transaction volumes surged to an all-time high of US$169 billion, a 6 per cent rise year on year, compared with a 4 per cent increase globally and a 5 per cent decline in Europe, where Brexit-related uncertainty weighed on sentiment. Among the world’s 10 most actively traded property markets, four – Seoul, Tokyo, Shanghai and Singapore – were in Asia. The region is…