Strong growth in investment-grade commercial real estate

According to Shanghai Daily, the value of investment-grade commercial real estate rose to US$3.9 trillion in Asia-Pacific last year, surpassing North America for the first time, an international property services provider said yesterday.

When measured in floating US dollar terms, the value marked a 13 percent annual increase, compared with 8 percent for Europe and no growth in North America, DTZ, which is now part of UGL Services, a division of UGL Ltd, said in its latest Money into Property 2012 Asia-Pacific report.

"As forecast, Asia-Pacific has overtaken North America to become the second-largest region globally with invested stock heading toward the US$4 trillion mark," said Hans Vrensen, global head of research at DTZ. "Despite an increase in invested stock, the total transaction volumes in Asia-Pacific last year were on par with 2010 levels."

DTZ is a Session sponsor at Real Estate Investment World Asia 2012!

The 11th Annual Real Estate Investment World (REIW) Asia 2012 will be held on the 26-28 June 2012 and sponsorship opportunities are now open for bookings! To profile your corporate brand and showcase your expertise to the top C-level executive Asia Pacific real estate practitioners, your journey starts here. Take on a leadership positioning at REIW Asia 2012!

Contact Kelly Lim – Email: kelly.lim@terrapinn.com ; Tel: +65 63222732 to find out more.