SINGAPORE/HONG KONG -- Hopes for a rebound in Asia's commercial property market have taken a hit this year, as higher interest rates and financial market turmoil keep a lid on activity in the sector.

Analysts point that out that the commercial real estate sector is particularly sensitive to rising rates, weighing on hopes for a revival in the market. (Source photo by AP)
REITs could lose out as China reopening hopes fade and interest rates bite