20.05.2011 - Asia Pacific commercial investment activity upticks as region's economy grows 7pct annually
According to a new report by global real estate firm Jones Lang LaSalle, the Asia Pacific real estate market continued to witness positive sentiment and increased activity across most sectors in 1Q11. The region's economy grew by an estimated 7.0% in 2010, significantly above growth in the rest of the world of around 3%. Business activity still remains buoyant, despite a number of challenges including natural disasters and rising inflationary pressures. Economic outperformance is expected to continue during 2011, although growth is expected to moderate due to a slowdown in external demand and government spending..............................................Full Article: Source
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