12.03.2013 - Asia: Investors turning to commercial properties
Restrictive government measures and a fear of inflation are prompting investors to shift from residential to commercial properties. Research carried out by property consultancy firm Knight Frank showed that the value of transactions in the commercial property market has increased three times over the past four years. This is in line with a global trend where more high net worth individuals (HNWIs) are investing in commercial property, according to Knight Frank's annual Wealth Report. Said Nicholas Holt, regional head of research of Knight Frank Asia-Pacific: "In Hong Kong and Singapore, particularly, we are seeing more private investors who previously favoured residential investment looking at lower price point commercial property."..............................................Full Article: Source
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