The Asia Pacific region is embracing shopping in a big way. Developers in Asia are building 65 percent to 70 percent of the world’s shopping malls currently under construction, and China alone is building about half of the new shopping malls in the world. To understand how remarkable this shopping spree is, it is instructive to look at what a change this is from longstanding Asian habits.
From the Current Issue
Emerging markets — led by the so-called BRICs (Brazil, Russia, India and China) — have enjoyed an outstanding period of growth during the past decade. Recently, however, the BRICs have begun to crack.
The Asian growth narrative has been subject to extensive coverage in the media. However, when it comes to real estate investing in Asia, the story is about much more than just growth.
In today’s volatile markets, investors are learning that risk is more risky than they might have wanted to admit, and yet it can be treated as just another box to check in the investment process.
The IREI editorial and board meeting staff have just finished a grand tour of the globe, consulting our Editorial Advisory Boards in the Americas, Asia Pacific and Europe.
Korean investors are continuing their investment expansion in the West, this time with a recent trophy office acquisition in Chicago.
Large partnerships and acquisitions are placing an increasing amount of Asian capital into US and UK development projects, which will help create future core property assets.
Cushman & Wakefield has released its third annual Winning in Growth Cities report. The report identifies “winning” cities in the current international real estate investment market by looking at the largest and fastest-growing cities in terms of investment and price differential as well as cross-border demand and activity.
After putting a number of difficult months behind them in September, Asia Pacific listed real estate stocks continued the positive momentum in October (albeit at a slower pace) as the market continued to rebalance broader expectations of higher interest rates (not as dramatic as originally expected) and economic growth (lower as a result of still prevalent global headwinds).