04.08.2011 - Asia office rents rising fastest in Beijing, Jakarta
Office rents in Beijing and Jakarta rose about 15 per cent in the second quarter from the previous three months, the fastest among 27 Asian markets, property consultant Jones Lang LaSalle said, as tight supply and strong corporate growth lifted prices. Rents also rose in 13 other cities in the quarter, but was unchanged or fell slightly in the other markets. Tokyo, for instance, saw a 0.4 per cent drop in prices following its tsunami and nuclear crisis, the consultant said in a quarterly report.............................................Full Article: Source
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