Transaction levels were up by 12 per cent in the Asia Pacific region during the third quarter of 2010, compared to the previous three months, new figures have shown. The news suggests that there has been a rise in investor sentiment and optimism in the region.
Statistics released by Jones Lang LaSalle's capital markets division show that investment levels have been improving in almost all Asia Pacific markets, with strong economic fundamentals
and improving business conditions helping to drive that growth. Asia Pacific transactions totalled USD 18 billion in the third quarter, a 12 per cent increase on quarter two.
Stuart Crow, head of Asia Pacific capital markets for Jones Lang LaSalle comments, "With a number of significant transactions expected this quarter and buoyed by positive business sentiment, market fundamentals continue to improve in the region. It is expected that we will see continued enthusiasm for real estate by investors expecting a low interest rate environment and an increase in portfolio deals as the investment market continues to grow."
- Monday 25 October 2010