Urbanization in the Asia-Pacific region of the world is occurring at an alarmingly rapid pace, with more than 2.2 billion people now living in cities in the region, and an additional 1.2 billion projected to migrate to cities by 2050, according to a February 2026 report from the U.N. Economic and Social Commission for Asia and the Pacific, the Asian Development Bank, and the U.N. Development Program. Such rapid growth places stress on nearly every aspect of urban areas, including housing, drinking water and sewage sources, roads and other transportation modes, and often results in environmental degradation and an increased vulnerability to climate-related disaster. But the situation also presents opportunities for doing things differently by deploying improved urban planning and management approaches, economic development strategies, as well as innovative technologies in real estate development and investment. With a keen awareness of this ongoing urbanization and the pressures it...
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