09.06.2011 - Asian industrial properties among world’s priciest on growth, CBRE says
The Asia-Pacific region has six of the world’s 10 most expensive cities for industrial real estate, leading a recovery in commercial properties, according to CB Richard Ellis Group Inc. Rents in the region jumped 9 percent in the year ended March 31, with Tokyo the world’s most expensive industrial market, and Singapore, Sydney, Perth, Brisbane and Hong Kong among the 10 priciest cities, the Los Angeles-based commercial real estate broker said in an e-mailed report. London, Sao Paolo, Paris and Amsterdam complete the top 10..............................................Full Article: Source
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