13.09.2012 - India, China retail real estate stock to grow 15pct per year until 2020: Jones Lang LaSalle
India and China are leading the list of top 20 destinations with the strongest retail real estate momentum with shopping centre stocks here projected to grow by around 15% per year until 2020. However, India falls short of China due to weaker real estate investment momentum and a smaller international retailer presence, international property consultant Jones Lang LaSalle said in a report. Despite fundamentals of Indian market are firmly in place, the regulations have made both the entry and exit options extremely limited. The lack of clarity around potential exit options also means that major foreign developers are hesitant to enter the market, the report said...............................................Full Article: Source
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