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Asia Pacific Capital Markets MarketView Q2 2011

By on Aug 26, 2011 in Research

OVERVIEW

• Big drop in transaction volume as investors in Asia tread more carefully
Transaction volume in Asia Pacific totaled US$9.0 billion in the second quarter of 2011, a decline of 39% q-o-q, as investors in Asia turned more cautious following the March 11 earthquake and tsunami in Japan and the worsening economic picture in the United States and Eurozone. Whilst transaction volume in Asia fell by 52% q-o-q, the Pacific markets picked up strongly by 228% q-o-q, albeit coming off a low base after a slow start to the year.

• Australia records strong growth in corss-border acquisitions
Australia accounted for 24% of total investment in Asia Pacific in the second quarter, the largetst of any market.  Offshore investors including a number of Asian buyers were active during the period with the Sydney office market the subject of particularly keen interest.  Buyers are keen to enter this sector now in order to capitalise on rising occupier demand for premium office space and the anticipated rental growth predicted to take place over the next few years.

This is an extract from CBRE‘s Asia Pacific Capital Markets MarketView Q2 2011.  To read the full document please click here.

Chris Hardy has extensive research experience. Chris specializes in property research internationally writing for CBRE specifically about global issues and trends.

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