04.11.2011 - Asia Pacific commercial real estate prices rose 36 pct in Q3
Commercial real estate sales in Asia Pacific increased 36 per cent q-o-q in the third quarter of 2011, although the bulk of the deals were completed in July and transaction volume tapered off in the following two months. Transaction volume in Asia grew by 55 per cent q-o-q whilst the Pacific was largely unchanged, according to CBRE’s Asia Pacific Capital Markets MarketView report for Q3 2011. The total volume of cross-border acquisitions across the Asia Pacific region rose by 112 per cent q-o-q although this was largely due to Mapletree’s acquisition of Festival Walk in Hong Kong...............................................Full Article: Source
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