02.11.2011 - Asia Pacific poised to outperform other global commercial property regions in 2012
According to global real estate firm Jones Lang LaSalle, the changing face of the region - urbanisation, population growth, output of commodities and manufactured goods and cost competitiveness in the services sector - are the main economic drivers for Asia Pacific to continue to outperform other regions. Capital inflows from Asia and other regions will continue to also propel the Australian commercial market in 2012. The strong economic drivers in the Asia Pacific region are expected to continue to keep fuelling commercial property markets across the region, supported by growth in consumer spending as well as increasing urbanisation and corresponding housing needs...............................................Full Article: Source
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