CB Richard Ellis’s expertise and experience has been widely recognised by professionals in the property industry. In the past several years, we have won a series of awards such as:
Research Centre
11 Mar 10
Asian Real Estate Market Monitor - March 2010
Asian Real Estate Market Monitor - March 2010
Markets generally quiet but sentiment remains upbeat
• Activity in China was muted as the country took over a week’s vacation for Chinese New Year. Sentiment remained strong however and fund raising activity by overseas investors continued as they looked to get back into the Chinese market. The market has now come back in a big way and can actually be described as having stablised.
• Hong Kong remained quiet with investment activity confined to the luxury residential and street shop sectors. The government’s budget was unveiled and included several measures designed to cool down the residential sector. Investment demand for office properties continued to be strong and Grade A office rents showed signs of bottoming out.
• Japan enjoyed an active month as investor sentiment remained largely positive and the steady flow of small and medium sized transactions witnessed in recent months continued. Domestic groups were busy ahead of the end of the Japanese financial year on March 31 whilst demand from core European buyers also continued to pick up.
For full detail please click on file to sign up and download.
