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Asia Pacific commercial property markets see rents increase

Posted on 24 May 2011

More corporate hiring and a more optimistic view of the business environment in Asia Pacific has underpinned the office leasing market over the first three months of 2011. Jones Lang LaSalle research shows that aggregate net take up across major Tier I markets was 30 per cent up year-on-year.
“The global comparison shows how the traditional Asian centres have outpaced the world in their recovery … these are exciting times for Asia Pacific Office markets,” said Jeremy Sheldon, head of markets in Asia Pacific for the firm……………………………………….Full Article: Source


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