$320bn of new capital will be available to invest in to commercial property this year according to research by DTZ.

In a preview of its Great Wall of Money report it said available investment capital had increased by 3% in the past six months.

The research highlights an increase in available capital across all regions except Europe Middle East and African, which saw a marginal 1% fall in available capital from $115bn to $114bn. The Americas saw the biggest increase as available capital grew 8% to $124bn, with a 3% increase in capital targeting Asia Pacific which now totals $82bn. 

However, DTZ warned investors are still absorbing losses on existing legacy investments as uncertainty remains over the economic recovery and that increasing regulations further add to the uncertainty and costs of running funds for those in a position to raise capital. 

Hans Vrensen, global head of research at DTZ, adds: “Funds continue to remain focussed on their home market or region, reflecting the uncertain market environment and investors’ risk aversion. In both EMEA and the Americas, over 90% of capital is to be deployed domestically or within the same region. Asia Pacific is the only market where we see a higher proportion, close to a quarter of new capital, coming from outside of the region. With just 5% of capital deployed in Asia Pacific in 2012 from outside the region, this data points towards significantly higher levels of cross border investment into the Asia Pacific region.