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Real estate investment plunges 42pct in Asia Pacific

Posted on 15 May 2012

Major capital markets in Asia Pacific saw subdued sentiment in real estate investment in the first quarter of this year with the Chinese mainland recording a dive of 70 percent in volume, an industry report has found.
Investment volume across the region fell 42 percent quarter on quarter to US$11.6 billion during the three-month period ended on March 31, partly due to new year holidays in January and the high investment volume witnessed in the second half of 2011 which removed several assets from the market, CB Richard Ellis, the world’s largest commercial real estate services provider, said in its Asia Pacific Capital Markets Marketview report………………………………………..Full Article: Source


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