Ramesh Nair

M.D.,

Warehousing and Logistics Solutions

Jones Lang LaSalle Meghraj

Real Estate: More Signs of Recovery

The Asia Pacific economy continues to enjoy broad-based growth in both domestic and external sectors.  The current regional GDP forecast of 6.5% for this year is significantly higher than the global forecast of 3.8%. The region is facing some headwinds, however, with mixed signals regarding the health of the global economy and increasing focus on the economic slowdown now underway in China.

Property market fundamentals continue to improve across Asia Pacific. Take up of space continues to grow and more markets have moved to the upturn phase of the rental cycle. Capital values started to recover earlier than rentals and are now increasing in most markets.

In addition to our regular market coverage, this edition of the Digest includes a number of feature commentaries including an inaugural article by Jones Lang LaSalle’s Asia Pacific CEO, Alastair Hughes.

To read more about the latest economic and property market trends in our region, please click on the link and download the 2Q10 Asia Pacific Property Digest. 

We hope you find the Asia Pacific Property Digest of use in helping you make quality real estate decisions. Should you have any comments on how we can better serve you, please let me know.