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Asia-Pacific region’s retail rents jump on global brands, China demand

Posted on 15 November 2011

Asia-Pacific retail property rents jumped in the third quarter, driven by strong domestic spending in China, demand from global brands and low vacancy rates, according to CBRE Group Inc., a real estate services firm.

Rents in the region grew by 7 percent in the three months ended Sept. 30 from a year ago, and 2.4 percent from the previous quarter, according to the group’s Asia-Pacific Prime Rental Index………………………………………Full Article: Source


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