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Real Estate Asia – The ASEAN Economic Community Boost

By on Sep 22, 2015 in Property News
  • CBRE Research explores the significance of implementing the AEC for businesses and its potential impact on the region’s commercial real estate market.
  • The industrial sector is likely to be the most immediate beneficiary of an integrated ASEAN economic zone and the office sector could enjoy positive spillover from the expected advancement of the economy and industrial market.
  • The development of the AEC would also help to boost the region’s appeal to retailers, real estate investors and developers.
  • While hurdles and limitations exist, the region is still anticipated to remain an attractive proposition for businesses and commercial real estate with the implementation of the AEC serving to strengthen ASEAN’s development.

    Source: World Bank, CBRE Research August 2015
    For the full article click here.

 

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