Investments in Asia's Commercial and Industrial Real Estate Markets Drop 42% in Q1,
With Hong Kong Standing Out.
Is it a blip or a bump in the road?
Analysts are unsure when they consider the first-quarter decline of 42 percent in Asian commercial and industrial real estate. The exception was Hong Kong. According to CBRE of Los Angeles, investments in that industry have doubled. used cars in qatar under 10 000
The CBRE study looked at completed developments in workplaces, shopping centers, and manufacturing facilities. The gross expenditure for the months of January and March was $11.6 billion.
The Chinese Lunar New Year holiday, according to CBRE, may have slowed activity in January and March. Strong sales activity in the second half of last year may have slowed activity so far this year, according to the survey.
Cross-border investment flows fell in the first quarter, which was one of the most prominent developments. Domestic investors accounted for a larger proportion of total investments, accounting for roughly 86 percent of total investment value.
Residential land sales in major Chinese cities fell 92 percent from April 30 to May 6 this year, according to SouFun Holdings, Ltd. (NYSE: SFUN), a leading real estate internet portal based in Beijing, in another survey.
However, there was some good news in the Chinese real estate market at the same time. For example, Evergrande Real Estate Group Ltd, a Chinese developer, reported contract sales of 8.19 billion yuan ($1.30 billion) in April, up 103 percent from March. It earned up to 7.5 billion yuan more than the market anticipated.
The news from Henderson Land Development Co Ltd Chairman Lee Shau-kee was also promising. On May 2, he increased his interest in the company to 62.20 percent from 62.18 percent by purchasing 324,000 shares for a total of around HK$14.31 million ($1.84 million), according to an exchange filing.
On the plus side, reports in Hong Kong and Beijing suggested that London-based Barclays is looking for a mainland partner. China's fast-growing stock market and real estate opportunities will be the target of the investment banking company. According to rumors on the street, Barclays is considering more than a dozen Chinese securities firms, including Chongqing-based Southwest Securities.
Indonesia is becoming increasingly popular among online foreign investment audiences.
Indonesia is quickly becoming a popular online investment destination for international investors.
Since December 2011, the country has accounted for 0.79 percent of all overseas property searches on the website, more than doubling the number.
Based on website inquiries, Indonesia is now ranked 22nd most famous, up from 31st just five months ago.
The Move Channel, a 20-year-old London-based international online property finder, has come to this conclusion.
Thailand remains the most successful country for overseas property searches in Southeast Asia, according to The Move Channel's April 'Top of the Props' survey, which ranks it 14th with 1.53 percent of all searches.
With 0.37 percent, the Philippines is in 33rd position.
Property Wire in London and Phuket News of Thailand also report on the situation. Malta made it into the Top 10 international property destinations, with 2.59 percent of inquiries. This was enough to propel the city up four spots in the international rankings, to the eighth most successful real estate market in the world.
According to Property Wire, despite being the European Union's smallest country in terms of population and scale, Malta outperformed Germany, Greece, and Cyprus in April, coming in just 0.04 percent behind Turkey's conventional market.
However, though prices in Turkey have been rising due to strong buyer demand, Malta has enticed investors with more affordable homes in an underserved market.
The impact of the global financial crisis can be seen over the long term, according to the reports. Monthly fluctuations within the Top 10 can seem minor, but the impact of the global financial crisis can be seen over the long term, according to the reports.
Brazil has absolutely displaced Italy as a buyer favorite in the last six months, creating a new top five of international property destinations that includes Spain, the United States, France, Portugal, and Brazil.
C9 Hotelworks of Phuket, Thailand, sees more discretionary investment in Indonesian luxury hotel-branded villas, especially in Bali, according to another research firm.
Well-known hotel brands such as Starwood's W, Bvlgari, Banyan Tree, and Alila continue to lead new growth and consumer preferences.
Bali has outsold regional resort destinations including Phuket and Koh Samui in terms of branded hotel villa prices.
According to Credit Suisse, Indonesia has over 60,000 millionaires in US dollar terms, making it the largest economy in Southeast Asia.
About 5,000 new condominium units are either under construction or in the planning stages.
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