AAA reports on growing real estate market in Asia
Alternative investment advisory group Alternative Asset Analysis (AAA) has reported on claims from Pacific Star Group that Asia's commercial property market is heading for growth.
- (1888PressRelease) August 06, 2011 - Boston, MA, USA -- AAA, which advocates investment in alternative assets classes, such as real estate and forestry, welcomes the report from one of Asia's leading real estate investment firms. It claims that the second half of the year will see further growth, with the top three locations for real estate investment being Hong Kong, Singapore and Kuala Lumpur.
AAA's analysis partner, Anthony Johnson, said, "This news strengthens our resolve to promote investment in emerging markets, such as those in Asia and Latin America.
"These markets are where the real growth opportunities lie at the moment, as debt concerns in the US and Europe deter people form investing in the West," he added.
China and other regions in the Asia-Pacific area are enjoying increased income from tourism, according to Leslie Chua, the senior vice-president and head of research and strategic planning. She added that Malaysia is enjoying wage growth, which has led to more retailers settling into the capital city. Singapore is also seeing a rise in visitors thanks to its resort developments, which has also prompted growth in real estate investment.
Chua said that retail developments are the most lucrative for investors, followed by office developments. She added that economic growth in the Asia region is also slowing to a more sustainable rate, which will provide a more stable background to the continent's real estate market.
AAA encourages investment in emerging markets, claiming that alternative investments in such markets can help to protect an investment portfolio against the impact of another global financial crisis.
Mr Johnson added, "Latin America is another region offering great opportunities for people keen to diversity their portfolio and reduce risk."
He added, "Some exciting projects include resort developments in the Sao Paulo region of Brazil and several major forestry projects in the same country, such as those run by Greenwood Management, that bring foreign investment into the country."
Contact:
Anthony Johnson
Alternative Asset Analysis
71 Commercial St
Boston, MA 02109-1320
617-939-9596
info ( @ ) alternativeassetanalysis dot com
http://www.alternativeassetanalysis.com
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