Institutional Real Estate Asia Pacific

February 1, 2023: Vol. 15, Number 2

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From the Current Issue

Asia Pacific

Five reasons: Why Asia stands out in 2023 — and where to beware

The Asia Pacific region rebounded strongly from the pandemic, recording GDP growth of 6.5 percent in 2021, according to the International Monetary Fund. While the pace of economic expansion is expected to moderate, slowing to 4.3 percent in 2023, it is still well above IMF forecasts for a US GDP growth of 1 percent in 2023 and just 0.5 percent for Europe.

Asia Pacific

2023 property outlook for China

Given the relaxation of COVID-19 control measures, the general economy in China is expected to recover in 2023, boosting leasing and investment demand across all property types in the greater China region as market confidence returns, according to Cushman & Wakefield’s The Forecast Report: Greater China commercial real estate – what to watch in 2023.

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