Related News
Home » Business » Real Estate
Asia to lead property investment by 2030
By Cherry Cao |
January 24, 2013, Thursday
|
Online Edition
Online Edition
GROWTH of direct commercial real estate transaction around the world will more than double the 2012 rate by 2030 as investors respond to shifting economic conditions by channeling more capital into commercial real estate, particularly in the Asia Pacific region, a leading international property services provider has predicted.
Global direct commercial real estate investment market is expected to exceed US$1 trillion per annum by 2030, compared with nearly US$450 billion registered last year, according to a latest research report released by Jones Lang LaSalle.
"Capital growth ambitions that dictated many investment decisions before the financial crisis have given way to a global hunt for secure income streams in a low-interest-rate environment," said Colin Dyer, president and chief executive officer of Jones Lang LaSalle. "While real estate asset values have shown no immunity to the financial shocks of recent years, real estate nevertheless is emerging as a preferred option for many investors."
Notably, Asia Pacific has outpaced other regions in real estate activity since the global financial crisis, achieving commercial real estate investment volume in 2012 equal to 77 percent of the previous peak reached in 2007, JLL said. In comparison, the Americas have only reached 62 percent of that level, while Europe's investment volume is 46 percent of its peak amount.
Global direct commercial real estate investment market is expected to exceed US$1 trillion per annum by 2030, compared with nearly US$450 billion registered last year, according to a latest research report released by Jones Lang LaSalle.
"Capital growth ambitions that dictated many investment decisions before the financial crisis have given way to a global hunt for secure income streams in a low-interest-rate environment," said Colin Dyer, president and chief executive officer of Jones Lang LaSalle. "While real estate asset values have shown no immunity to the financial shocks of recent years, real estate nevertheless is emerging as a preferred option for many investors."
Notably, Asia Pacific has outpaced other regions in real estate activity since the global financial crisis, achieving commercial real estate investment volume in 2012 equal to 77 percent of the previous peak reached in 2007, JLL said. In comparison, the Americas have only reached 62 percent of that level, while Europe's investment volume is 46 percent of its peak amount.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
