15.11.2011 - Asia-Pacific region’s retail rents jump on global brands, China demand

Asia-Pacific retail property rents jumped in the third quarter, driven by strong domestic spending in China, demand from global brands and low vacancy rates, according to CBRE Group Inc., a real estate services firm. Rents in the region grew by 7 percent in the three months ended Sept. 30 from a year ago, and 2.4 percent from the previous quarter, according to the group’s Asia-Pacific Prime Rental Index.............................................Full Article: Source

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